Essay on The Costs Of The Data Collection Methods

1217 Words Oct 9th, 2016 5 Pages
 The costs of the data collection methods discussed.
Data collection methods Costs
Selected data collection method 1: focus groups $10,000
Selected data collection method 2: one-on-one interviews in person or by telephone $5,000
Selected data collection method 3: use of questionnaires and other tools by staff to record data about enterprise activities $3,000
Total costs $18,000

 Your recommended options for collecting and analysing the data, including a consideration of the costs of data collection against the budget.
Data collection methods Costs Budget
Selected data collection method 1: focus groups $10,000 =
 Design focus group questions: $ 500
 Set up the discussion establishment: $500
 Invite the participants to attend the focus group discussion: $300
 Accommodations and travelling: $8,700 $10,500
Selected data collection method 2: one-on-one interviews in person or by telephone $5,000 =
 Design interview questions: $ 800
 Recruit the staffs to perform the interview survey: $3000
 Conduct the individual survey: $500
 Analyse the collected individual survey data: $700 $6,000
Selected data collection method 3: use of questionnaires and other tools by staff to record data about enterprise activities $3,000 =
 Collect all the business stakeholders feedback and comments: $ 800
 Collected data entry and storage: $500
 Analyse the collected and stored data: $1000
 Summarise and present the required conclusion in a business format: $700 $4,000

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