Total Cost of Ownership (TCO): The comprehensive assessment of all costs associated with the purchase, operation, and maintenance of a product or system over its lifespan. It includes direct costs such as purchase and installation, as well as indirect costs like maintenance, downtime, training, and end-of-life disposal. A full understanding of TCO is essential for informed decision-making, ensuring that solutions are cost-effective and sustainable in the long term.
Categories: CC D1: Security Principles | CCSP D5: Cloud Security Operations | CISM D1: Information Security governance | CISSP D1: Security and Risk Management | Security+ D5: Security Program Management and Oversight | SSCP D1: Security Concepts and Practices
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