Reference no: EM133524542
Homework: Draft
Details
Virtual technology can be an expensive endeavor, but the ultimate goals are improved efficiencies and the better use of available financial resources for an organization's information technology (IT) needs. When planning for virtual technology implementation, it is important to understand how to evaluate the potential improvements in efficiency and how they will impact IT costs and the overall productivity of an organization in financial terms.
For this homework, you will continue to develop your virtual technology implementation plan. You will create a section of 3 to 4 pages that assesses the costs associated with the virtual technology design of your choice and explains the efficiencies gained by the design. Based on your chosen design, you will assess and explain the return on investment (ROI) that can be achieved from implementing cloud computing, virtual servers, and virtual data storage technologies to include power usage, space requirements, and manpower.
To help you with this homework, download the worked example of ROI .
The project deliverables are as follows:
A. Update the Virtual Technology Implementation Plan document title page with a new date and project name.
B. Update the previously completed sections based on instructor feedback.
C. Determine the ROI. Address the following in the Determination of Return on Investment (ROI) section:
I. Costs and efficiencies
1. Describe the costs associated with the implementation of virtual technology in your organization. Costs should include both the immediate and continuing costs of the technology.
2. Describe the efficiencies gained through the implementation of virtual technology in your organization. Your discussion should include the financial impact as well as other potential influences on the organization.
II. ROI analysis
1. Based on your review of the costs and efficiencies of virtual technology in TSG, perform an ROI analysis that addresses the results of implementing cloud computing, virtual servers, and virtual data storage technologies to include power usage, space requirements, and manpower.
2. Describe the results of your ROI analysis.
3. Provide summary conclusions and recommendations based on your findings.
4. Discuss the potential impact of differences between expected and actual costs and the benefits of the virtual technologies that you plan to implement.