Audit Information systems & IT Security
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Audit Information systems & and IT Security

Information System audit and IT Security

Definitions and Terminology

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Total Cost of Ownership


(TCO) (Service Strategy) A methodology used to help make investment decisions. TCO assesses the full Lifecycle Cost of owning a Configuration Item, not just the initial Cost or purchase price.

source: ITIL v3, Service Design, 2007

(TCO) (Service Strategy) A methodology used to help make investment decisions. TCO assesses the full Lifecycle Cost of owning a Configuration Item, not just the initial Cost or purchase price. See also Total Cost of Utilization.

source: ITIL v3, Service Transition, 2007

(TCO) (Service Strategy) A methodology used to help make investment decisions. TCO assesses the full Lifecycle Cost of owning a Configuration Item, not just the initial Cost or purchase price.

source: ITIL v3, Continual Service Improvement, 2007

(TCO) (Service Strategy) A methodology used to help make investment decisions. TCO assesses the full Lifecycle cost of owning a Configuration Item, not just the initial cost or purchase price. See also Total Cost of Utilization.

source: ITIL v3, Service Strategy, 2007


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