All servers are powered up, and e-mails have started to flow through the system. But it may be time to make a first estimate of the cost. <\/p>\n
This is after the IT breakdown that effectively knocked out the University of Copenhagen for the whole of Monday and, for some systems, part of Tuesday too.<\/p>\n
Jens Kristian Elkj\u00e6r-Larsen is associate professor at the Copenhagen Business School and an expert on business economics. We asked him to help us make an estimate of the costs.<\/p>\n
\u00bbWe need to first decide what to calculate. Should we calculate how much \u2018production value\u2019 has been lost: this is very hard to calculate as it focuses on how you estimate the production value of a university? Or, alternatively, we can work out how much of the costs in terms of salary has the university not had any benefit from during the IT breakdown. This is a little easier, but still a guess,\u00ab he says.<\/p>\n