Cost Effectiveness

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Coming soon.

(Source: Business Continuity Management Institute - BCM Institute)

2. Ensuring that there is a proper balance between the Quality of Service on the one side and expenditure on the other. Any investment that increases the costs of providing IT services should always result in enhancement to service quality or quantity.

(Source: OGC, Information Technology Infrastructure Library (ITIL) v3)