Question
You will refer to this case for all of the Cloud Computing project documents that you will create. Prepare the financial section of a business
You will refer to this case for all of the Cloud Computing project documents that you will create.
Prepare the financial section of a business case for the Cloud-Computing Case that is listed above this assignment in Canvas. Assume that this project will take eight months to complete (in Year 0) and will cost $600,000. The costs to implement some of the technologies will be $300,000 for year one and $200,000 for years two and three. Estimated benefits will start in year 1 at $400,000 and will be $600,000 for years 2 and 3. There is no benefit in year 0. Use the business case spreadsheet template (business_case_financials.xls) template provided below this assignment in Canvas to calculate the NPV, ROI, and the year in which payback occurs. Assume a 7 percent discount rate for the template. notes* Payback occurs in the first year that there is a positive value for cumulative benefits - costs. (*Negative values are presented in parenthesis)
You work for Space Coast Specialty Products, Inc., a local firm with 300 employees with two offices. One office is the company headquarters located in Melbourne Florida. The other office is located 20 miles away in Palm Bay Florida that performs product development. An IT initiative has been established to migrate all unclassified systems to a cloud-computing provider in order to reduce operating costs. The VP of Operations, Natalie, is the program sponsor. Ito is the IT manager, and there is a steering committee made up of 10 senior executives, including Natalie, who oversees the program. The ClO and project sponsor, Ben, has given this project high priority and plans to hold special interviews to handpick the project manager and team. Ben is also a member of the program steering committee. Before coming to Space Coast Specialty Products, Ben sponsored a project at a large computer firm to improve data center efficiency through system virtualization. Since that point in time cloud-computing has become readily available from multiple vendors as a more cost effective solution for companies. The main purpose of the Cloud Computing Project is to establish the implementation of the following applications of cloud-computing: - Migration of all unclassified systems to a cloud-computing provider: There are 20 servers that host operational software (order processing, accounts payable, accounts receivable, payroll, finance, purchasing, sales, company web site, and product support) that have been designated for the migration and are located at the headquarters site The budget for the project is $600,000, and the goal is to provide an extensive reports and timelines, including detailed financial analysis and recommendations for the migration to cloud-computing technologies. Ben has allotted timeline for the project of eight months. Ben decided to have five people working full-time on this eight-month project and to call on people in other areas as needed. He wanted to be personally involved in selecting the project manager and to have that person help him select the rest of the project team. Ben wanted to find people already working inside the company, but he was also open to reviewing applications for potential new employees to work specifically on his project as long as they could start quickly. Ben thought it made sense to select the best people he could find. Ben also wanted the project manager to do more than just manage the project. The project manager would also do some of the research, writing, and editing required to produce the desired results. You have been selected as the project manager for the Cloud Computing Project. Note: Change the inputs, shown in green below (i.e. interest rate, number of years, costs, and You work for Space Coast Specialty Products, Inc., a local firm with 300 employees with two offices. One office is the company headquarters located in Melbourne Florida. The other office is located 20 miles away in Palm Bay Florida that performs product development. An IT initiative has been established to migrate all unclassified systems to a cloud-computing provider in order to reduce operating costs. The VP of Operations, Natalie, is the program sponsor. Ito is the IT manager, and there is a steering committee made up of 10 senior executives, including Natalie, who oversees the program. The ClO and project sponsor, Ben, has given this project high priority and plans to hold special interviews to handpick the project manager and team. Ben is also a member of the program steering committee. Before coming to Space Coast Specialty Products, Ben sponsored a project at a large computer firm to improve data center efficiency through system virtualization. Since that point in time cloud-computing has become readily available from multiple vendors as a more cost effective solution for companies. The main purpose of the Cloud Computing Project is to establish the implementation of the following applications of cloud-computing: - Migration of all unclassified systems to a cloud-computing provider: There are 20 servers that host operational software (order processing, accounts payable, accounts receivable, payroll, finance, purchasing, sales, company web site, and product support) that have been designated for the migration and are located at the headquarters site The budget for the project is $600,000, and the goal is to provide an extensive reports and timelines, including detailed financial analysis and recommendations for the migration to cloud-computing technologies. Ben has allotted timeline for the project of eight months. Ben decided to have five people working full-time on this eight-month project and to call on people in other areas as needed. He wanted to be personally involved in selecting the project manager and to have that person help him select the rest of the project team. Ben wanted to find people already working inside the company, but he was also open to reviewing applications for potential new employees to work specifically on his project as long as they could start quickly. Ben thought it made sense to select the best people he could find. Ben also wanted the project manager to do more than just manage the project. The project manager would also do some of the research, writing, and editing required to produce the desired results. You have been selected as the project manager for the Cloud Computing Project. Note: Change the inputs, shown in green below (i.e. interest rate, number of years, costs, andStep by Step Solution
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