- What is Decision Cost Analysis?
- DCA provides a model of the major cost categories of meetings
and meeting metrics that help you realize your meeting investment
- Cost Categories
- Tangible meeting costs that may exist, no matter what
- Intangible meeting costs that are generally overlooked or unknown
- External Resource costs that generally add some value to a meeting process
- Selected Metrics
- Total Meeting Cost, Cost Per Participant, Cost Per Hour, Administrative Cost
- Over/Under Budget, Travel Cost as % of Budget, Travel Cost as % of Total Cost
- Return on Investment, Productivity Improvement, Revenue Icrease, Cost Removal
- DCA helps you consider the effect of adding, increasing, removing or reducing specific meeting costs
- Which cost items might increase or decrease productivity and why?
- Which cost items might affect specifc cost categories and why?
- Which costs could be eliminated without inhibiting or losing functionality and why?
25 Reasons to Use Decision Cost Analysis - Read More ...
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