A cost-benefit analyzation framework for distance education platform planning

Abstract

Proposed a cost-benefitanalyzation framework for distance education platforms from the view of IT-Governance theory. Major features of the framework include: (A) identifying performance from 5 domains of common IT-Governance models(B) assessing project risk and benefit by anonlinear evaluation algorithm(C) evaluating the cost-benefitratio on the inputs of risk, benefit and investment. The frameworkhas been applied in severalprojects. The paperdiscussed the models in the framework, and compared the evaluation results outputted by the framework and that byexperts.