<p>Project Proposal Title Company Name Cost Benefit Analysis</p><p>Author: Date: Version:</p><p>© Global Knowledge Training LLC Version History</p><p>ID Changes Date Created Author</p><p>© Global Knowledge Training LLC Table of Contents</p><p>Purpose...... 5 Scope...... 6 Cost Benefit Analysis Methodology...... 7 Assumptions and Constraints...... 7 Process...... 7 Evaluation Criteria...... 7 Cost Benefit Analysis Results...... 8 Current State...... 8 Future State...... 8 Proposed Project...... 8 Alternative Project 1...... 8 Alternative Project 2...... 8 Alternative Project 3...... 8 Costs...... 9 Proposed Project...... 9 Project Development Costs...... 9 Operational Costs...... 9 Non-Recurring Costs...... 9 Recurring Costs...... 9 Alternative Project 1...... 9 Project Development Costs...... 9 Operational Costs...... 9 Non-Recurring Costs...... 9 Recurring Costs...... 9 Alternative Project 2...... 9 Project Development Costs...... 9 Operational Costs...... 9 Non-Recurring Costs...... 9 Recurring Costs...... 10 Alternative Project 3...... 10 Project Development Costs...... 10 Operational Costs...... 10 Non-Recurring Costs...... 10 Recurring Costs...... 10 Benefits...... 11 Proposed Project...... 11 Non-Recurring Benefits...... 11 Recurring Benefits...... 11 Cost Reduction...... 11 Enhanced Services...... 11 Non-Financial Benefits...... 11 Alternative Project 1...... 11 Non-Recurring Benefits...... 11 Recurring Benefits...... 11 Cost Reduction...... 11 Enhanced Services...... 11 Non-Financial Benefits...... 11 Alternative Project 2...... 11 Non-Recurring Benefits...... 11 Recurring Benefits...... 11 Cost Reduction...... 11 Enhanced Services...... 12 Non-Financial Benefits...... 12 Alternative Project 3...... 12 Non-Recurring Benefits...... 12 Recurring Benefits...... 12 Cost Reduction...... 12 Enhanced Services...... 12 Non-Financial Benefits...... 12</p><p>© Global Knowledge Training LLC Proposed Project and Alternatives Comparison...... 14 Supporting Materials...... 15 Signatures...... 17</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Purpose </p><p>What is the purpose of the cost benefit analysis?</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Scope</p><p>What is the scope of the cost benefit analysis?</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Cost Benefit Analysis Methodology</p><p>Assumptions and Constraints</p><p>What assumptions were made and what constraints existed that impacted this cost benefit analysis?</p><p>Process </p><p>How was the cost benefit analysis conducted? What information was gathered? Who assisted with the identification of alternatives, analysis, and selection?</p><p>Evaluation Criteria</p><p>How were all of the possible projects evaluated? What criteria were used to identify the project recommended within this document?</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Cost Benefit Analysis Results</p><p>Current State</p><p>What is the current state that this project will change? Consider hardware, software, organizational structure, processes, etc.</p><p>Future State</p><p>What are the goals for the future state?</p><p>Proposed Project</p><p>What project is being proposed? Why is it proposed over the alternatives?</p><p>Alternative Project 1</p><p>What project is an alternative?</p><p>Alternative Project 2</p><p>What project is an alternative?</p><p>Alternative Project 3</p><p>What project is an alternative?</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Costs</p><p>Proposed Project</p><p>Project Development Costs How much will this project cost? Consider hardware, software, consulting fees, internal labor costs, etc.</p><p>Operational Costs After this project is over, how much will it cost to maintain this solution?</p><p>Nonrecurring Costs List any additional costs associated with project development or implementation that are nonrecurring. These could include one-time charges, capital expenditures, etc.</p><p>Recurring Costs List any additional costs associated with project development or implementation that are recurring. These could include monthly facility charges, tax payments, salaries, etc.</p><p>Alternative Project 1</p><p>Project Development Costs How much will this project cost? Consider hardware, software, consulting fees, internal labor costs, etc.</p><p>Operational Costs After this project is over, how much will it cost to maintain this solution?</p><p>Nonrecurring Costs List any additional costs associated with project development or implementation that are nonrecurring. These could include one-time charges, capital expenditures, etc.</p><p>Recurring Costs List any additional costs associated with project development or implementation that are recurring. These could include monthly facility charges, tax payments, salaries, etc.</p><p>Alternative Project 2</p><p>Project Development Costs How much will this project cost? Consider hardware, software, consulting fees, internal labor costs, etc.</p><p>Operational Costs After this project is over, how much will it cost to maintain this solution?</p><p>Nonrecurring Costs List any additional costs associated with project development or implementation that are nonrecurring. These could include one-time charges, capital expenditures, etc.</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Recurring Costs List any additional costs associated with project development or implementation that are recurring. These could include monthly facility charges, tax payments, salaries, etc.</p><p>Alternative Project 3</p><p>Project Development Costs How much will this project cost? Consider hardware, software, consulting fees, internal labor costs, etc.</p><p>Operational Costs After this project is over, how much will it cost to maintain this solution?</p><p>Nonrecurring Costs List any additional costs associated with project development or implementation that are nonrecurring. These could include one-time charges, capital expenditures, etc.</p><p>Recurring Costs List any additional costs associated with project development or implementation that are recurring. These could include monthly facility charges, tax payments, salaries, etc.</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Benefits </p><p>Proposed Project</p><p>Nonrecurring Benefits List any benefits associated with project development or implementation that are nonrecurring. </p><p>Recurring Benefits List any benefits associated with project development or implementation that are recurring. </p><p>Cost Reduction Explain how this project reduces development or maintenance costs.</p><p>Enhanced Services How does this project improve systems? Make the organization more effective and/or efficient?</p><p>Nonfinancial Benefits Does this project result in any nonfinancial benefits? Improved customer satisfaction?</p><p>Alternative Project 1</p><p>Nonrecurring Benefits List any benefits associated with project development or implementation that are nonrecurring. </p><p>Recurring Benefits List any benefits associated with project development or implementation that are recurring. </p><p>Cost Reduction Explain how this project reduces development or maintenance costs.</p><p>Enhanced Services How does this project improve systems? Make the organization more effective and/or efficient?</p><p>Nonfinancial Benefits Does this project result in any nonfinancial benefits? Improved customer satisfaction?</p><p>Alternative Project 2</p><p>Nonrecurring Benefits List any benefits associated with project development or implementation that are nonrecurring. </p><p>Recurring Benefits List any benefits associated with project development or implementation that are recurring. </p><p>Cost Reduction Explain how this project reduces development or maintenance costs.</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Enhanced Services How does this project improve systems? Make the organization more effective and/or efficient?</p><p>Nonfinancial Benefits Does this project result in any nonfinancial benefits? Improved customer satisfaction?</p><p>Alternative Project 3</p><p>Nonrecurring Benefits List any benefits associated with project development or implementation that are nonrecurring. </p><p>Recurring Benefits List any benefits associated with project development or implementation that are recurring. </p><p>Cost Reduction Explain how this project reduces development or maintenance costs.</p><p>Enhanced Services How does this project improve systems? Make the organization more effective and/or efficient?</p><p>Nonfinancial Benefits Does this project result in any nonfinancial benefits? Improved customer satisfaction?</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Proposed Project and Alternatives Comparison</p><p>Complete the following information to compare the possibilities.</p><p>Costs Development Operational Nonrecurring Recurring Total Project Alternative 1 Alternative 2 Alternative 3</p><p>Benefits Nonrecurring Recurring Cost Savings Enhance Svcs Total Project Alternative 1 Alternative 2 Alternative 3</p><p>Cost/Benefit Analysis Net Present Value Payback Period Cost/Benefit Ratio Project Alternative 1 Alternative 2 Alternative 3</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Supporting Materials</p><p>What documentation was used from prior projects or current processes to help define this cost benefit analysis?</p><p>© Global Knowledge Training LLC Cost Benefit Analysis</p><p>Signatures</p><p>Accepted Rejected Accepted with these changes: </p><p>Signature of sponsor</p><p>Printed name of sponsor</p><p>Date</p><p>Signature of project manager</p><p>Printed name of project manager</p><p>Date</p><p>© Global Knowledge Training LLC</p>