The Cost of Inaction Calculator Rationale
Channel: AVP
Date: 07/07/2014

The Cost of Inaction (COI) Calculator is a new model and tool to help organizations make well-informed decisions regarding the digitization of legacy physical audiovisual media and to understand the implications of their choices. COI is a counter-perspective to the concept of "ROI", or Return on Investment, often raised with ill-effect when decision makers analyze digitization and preservation projects. To date there has been no consistent way for organizations to quantify the financial and intellectual cost of inaction in order to supplement traditional arguments and bridge the gaps between archivists and administrators. This video provides the rationale behind the cost of inaction concept and calculator found at coi.avpreserve.com.