Skip Navigation

The Computer Journal 1977 20(2):98-101; doi:10.1093/comjnl/20.2.98
© 1977 by British Computer Society
This Article
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in ISI Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Parkin, A.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

The probable outcomes of a data processing project

A. Parkin *

Leicester Polytechnic, The Newarke, Leicester, UK

Assessments of the economic feasibility of projects by conventional methods of payback period, yield or discounted cash flow calculation fail to illustrate the probable variance in the outcome caused by variances in the estimates of the constituent costs and benefits.

This paper describes a technique of simulating outcomes by sampling from assumed distributions and proposes a workable method for finding the distribution of payback periods of data processing projects. The method could be easily adapted to find the distribution of yields or cash flows over a given period.

Received April 1976.

* Leicester Polytechnic, The Newarke, Leicester, LE1 9BH


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.