How can a cost-benefit analysis help

Assignment Help Operation Management

Reference no: EM131606624

Final project report table of contents

1. Project Objectives

2. Summary of Project Results

3. Original and Actual Start and End Dates

4. Original and Actual Budget

5. Project Assessment (Why did you do this project? What did you produce? Was the project a success? What went right and wrong on the project?)

6. Transition Plan

7. Annual Project Benefits Measurement Approach

Attachments:

A Project Management Documentation

• Business case

• Project charter

• Team contract

• Scope statement

• WBS and WBS dictionary

• Baseline and actual Gantt chart

• List of prioritized risks

• Milestone reports

• Progress reports

• Contract files

• Lessons-learned reports

• Final presentation

• Client acceptance form

B Product-Related Documentation

• Survey and results

• Summary of user inputs

• Intranet site content

• Intranet site design documents

• Test plans and reports

• Intranet site promotion information

• Intranet site roll-out information

• Project benefits measurement information

a. How can a cost-benefit analysis help in the proposal phase to address the problem of IT projects which overpromise? Cost Benefit analysis is very helpful in the proposal phase because it estimates the cost to companies i.e. both parties included in the Project. It helps to both parties to analyses the cost and make the budget and investment for the Project.

b. How can a cost-benefit analysis at the beginning of the project help in daily decision-making during the course of the project? Cost Benefit analysis help in daily decision making process during the course for events such as refreshment and prize distribution as previous records.

c. How can a cost-benefit analysis be useful at the end of a project?At the end of a project it would show that actual costs, benefits actually realized by the time the project is completed and anticipated benefits to come. CBA throughout the lifecycle are learned processes and can be applied to any lesson about how to estimate the cost and can be used for future efforts.

Attachment:- GLOBAL TREPS.rar

Reference no: EM131606624

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