Cost assessment scope and goal Sample Clauses

Cost assessment scope and goal. When performing a cost and benefit assessment, it is of major importance to determine the scope for which the assessment is made (see also paragraph 2.2.2). The scope is usually that of the stakeholder that is about to invest in the security solution and is facing the decision to invest or not. A good insight into the costs that are associated with the security solution - both non- recurring and recurring - is key to underpinning that decision. Alike, good insight into the risk that is reduced by the security solution is needed. Another focus could be that of the developer of security solutions, who wants to know how much investment is needed in research and de- velopment and the production of the security solution. Knowing the costs, will there be a market for the security solution? For this study, the stakeholder scope is that of a mid-sized DSO (4-6 million consumers) that has to decide whether to invest in the implementation of a security solution or not. It should be noted that the main goal of the cost assessments in the next chapter is to test the methodology and to identify lessons learned for conducting cost assessments of smart grid cybersecurity so- lutions.
Sample 1
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