Similarity Check: Cost and Benefits Analysis of Research and Community Services Information System Development

Sendiang, Maksy and Kondoj, Marike A.S and Rangkang, Jeanely (2021) Similarity Check: Cost and Benefits Analysis of Research and Community Services Information System Development. SCITEPRESS – Science and Technology Publications. ISSN 2975-8246

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Abstract

In this technological age, the availability of information systems that meet an organization's demands is critical. Manado State Polytechnic is a community-based educational institution that continues to encourage its members to develop in order to meet the demand for software infrastructure that can support each work unit's performance. Polytechnics must identify and quantify linked costs and benefits in software development in order to maximize the use of current financing resources. The expenses of research and service are compared to the costs of system development in this study using the Cost and Benefit Analysis approach. The results of the calculations show that the ratio is greater than 1, at 1.18, indicating that the value of the benefit is greater than the resulting cost, indicating that the alternative is more profitable, accounting for approximately 10% of the total investment if the information system is developed. We can get tangible benefits from reducing operational costs and intangible benefits, namely increasing satisfaction and decision making.

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