Staff time is generally the principal cost component of an IS project. Define five other areas where project costs could increase.

Project costs also occur by:

• Contract labour, there invoices are submitted for the hours worked.

• Bought-into items, as like hardware and packaged software, for that again invoices will be received.

• Project-specific training either given in-house or through external training providers.

• Project-exact accommodation, for illustration the leasing of office space.

• Lodging and subsistence costs, there people require to work away by a base location for any length of time.

• Travel expenses, frequently arranged by third-party travel companies.

• Consumables, as like stationery and cartridges for printers and etc.

• Insurance, for the project’s tools but also to cover these issues as public liabilities and professional indemnity.