Depreciation
Wednesday, 11th May 2005 by Neville Clark
You buy a new tool and six months later you see a better one for sale what do you do?
In IT this is a dialemma all the time as new versions of software are being developed as you look at what is on the shelves there could be a version about to come out that will work better for you.
The way I deal with this is criteria lists and value measuring:
For example: you want to do letters to people so that is a printing device and a layout device and possibly some storage so you don't have to type it each time.
Thus your criteria are:
1. Can it print on the paper I want to use
2. Can it print to the quality I need
3. Is it simple enough for me to use it
Next the value measures
1. Can I afford to buy it
2. Can I afford to run it
3. What amount of money do I need to set aside to cover failure of this solution
This is a very simple summary, but you get the idea and each of these headings will have sub headings.
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