Rich spent a lot of time discussing total cost of ownership and use of a technology enabled environment. (http://www.cosn.org/ and http://www.edtechvoi.org/.
Main Points:
- Costs drive efficiencies
- http://www.classroomtco.org/ (assessment tool only available to US Schools) There are 8 case studies that can be reviewed.
- Measuring the Value of Investment of VOI; Project cost estimator, Benefits worksheet and 3 case studies are available at http://www.edtechvoi.org/
The Process
- Estimate Project TCO costs
- Savings, Productivity, Cost Avoidance, Revenue
- Determine and Score Measurable Benefits Toward District Goals
- Risk Assessment
Budgeted Costs
- Annualize costs by taking upfront costs and amortize over life of project
- Include Initial and Implemenation Costs
Real Costs for VOI
- Includes indirect labor for Project TCO
Area of Value in K-12
- ROI - staff efficiencies
- Student Achievement
- Political Value
- 21st Century Skills
- Curriculum expansion
- Equity (Digital Divide)
- Improved Assessment
- others
Check the spreadsheet out on the COSN site
