Jhamb, Rajesh Kumar; Pahuja, Ravi Kant(Inflibnet center, February 28, 2008)
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Abstract:
The cost benefit analysis play an important role in the smooth functioning of an organization and
helps in the optimum utilization of its resources. Information and Communications Technology (ICT)
has accelerated exceptionally during the last decade, which has also increase the cost of it. So, the
need of the cost-benefit analysis has been arise for the usage of ICT in an academic institution
specially in libraries. Now ICT recognize as a valuable organizational resource, like any other
resources in an organization. ICT should also receive serious attention of management for the
adequate utilization of its benefits compared to its cost. ICT is the key to the evolution of our
practices in many domains, such as education, work effectiveness and National productivity. The
cost-benefits analysis helps in effective usage of ICT for its excellences. This article gives brief
introduction about cost-benefit analysis, its needs, importance as well as meaning of ICT and its
importance in the current scenario.