Benefits	Approximate Dollar Value
Insurance savings	$200
Storage Savings	$8000
Staff Reduction (1 less person)	$1000
Increased Business	$2000
Faster Processing	$1100
Total Costs
Development Costs
One time cost
1 Server	$3000
2 New Workstation @1,250	$2500
1 Printer/fax/copier machine	$1200
1 server software	$300
2 Workstation Software @250	$500
Development Labor	$9000
Total Costs
Operational Costs
hardware	$950
software	$450
Operational Labor	$1500
Total Costs

Assume that the interest rate used to calculate PV is 4%

Assume that the increase in business will be 6% each year.

Assume that the operational cost of the system will increase by 2.5% each year

DELIVERABLES FOR PROJECT 2

Create a cost benefit analysis using the data provided

Make a recommendation whether to go ahead with the project or no

Create a list of tasks needed for this project and put them in a table format

Create a work plan for the project based on your list of tasks.

Include all phases of the SDLC in your work plan o Planning o Analysis o Design o Implementation

Create a Gantt chart for the work plan. Research and select a freeware tool online to create your Gantt chart.