Final answer:
Maintenance fees are ongoing operational expenses, not an acquisition cost for IT initiatives. Acquisition costs include software licenses, training, and project management fees.
Step-by-step explanation:
Acquisition costs for an IT initiative include all costs associated with the procurement and implementation of the IT system but do not typically account for ongoing operational expenses such as maintenance fees. Acquisition costs would most commonly entail expenses such as software licenses, which cover the rights to use the software, training costs for staff to learn how to effectively use the system, and project management fees, which encompass costs related to the planning and execution of the IT project.
The correct answer to the question is 'Maintenance fees' since this refers to costs incurred for the upkeep and repair of the IT system after it has been implemented and is considered an operational cost, not an acquisition cost.The correct answer is Project management. Acquisition costs for an IT initiative typically include software licenses, training, maintenance fees, and project management. However, project management is not considered an acquisition cost. It is a separate activity that involves planning, organizing, and overseeing the execution of the IT initiative. Project management costs are usually incurred throughout the duration of the project and are necessary for ensuring its successful implementation.