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Return on Software: Maximizing the Return on Your Software Investment
book

Return on Software: Maximizing the Return on Your Software Investment

by Steve Tockey
August 2004
Intermediate to advanced
656 pages
15h 28m
English
Addison-Wesley Professional
Content preview from Return on Software: Maximizing the Return on Your Software Investment

Time Is Money

The old saying is “time is money.” In business, this is true both figuratively and literally; time is money. A given amount of money today doesn't have the same value as an identical amount of money later on. Consider this simple experiment: Give someone $10 today and at the same time promise to give someone else $10 a month from today. Which of the two people is better off? Of course, the person who gets the $10 today is better off. That person can use the money right now. The person could either spend it or invest it. The person who has to wait not only can't use the money today but also runs the risk that it won't actually be there next month as promised.

The question is, then, how much better off is the person who gets the money ...

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Publisher Resources

ISBN: 0321228758Purchase book