Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

How to create a cost benefit analysis in excel

16/11/2021 Client: muhammad11 Deadline: 2 Day

Cost-Benefit Analysis

This solution evaluation process will be used to determine the potential success of your implemented solution. Success can be measured using both qualitative and quantitative methods, therefore it is important to determine which tools and metrics you will use to evaluate the data you have collected.

In this assignment, you will use cost-benefit analysis to evaluate the financial outcomes of your solution. Create a data chart or graph to most effectively display the cost-benefit evaluation metrics that you will use to measure the success of your solution. Review the study material "Cost Benefit Analysis Solution Evaluation" Excel spreadsheet to assist you. Then, write 250-word explanation of the degree of confidence you have regarding the cost-benefit analysis and the assumptions you are required to make for cost, risk, benefits, and the financial outcome of your proposed solution. Include an explanation of how you will measure whether the solution is successful in addressing the problem and meeting the needs of the business, employees, and customers.

Descriptors
Definitions:
Payback period - the period of time, expressed in months, that a project requires to recover the money invested in it (including the one-time savings which are often excluded by some calculators)
Benefit-cost ratio - an indicator that is often used to decide whether the benefits of a given project or solution outweigh the actual costs (the higher the ratio the better the investment)
Analysis horizon - the number of months the project is expected to be utilized before replacement or major upgrade
Implementation costs include capital costs (equipment, constructions, etc.), training, travel, outside professionals, lost of productivity during implementation & training, implementation costs such as installation, etc.
Ongoing costs include maintenance costs (monthly costs relating to the ongoing maintenance) and operational cost (internal labor, expendables, materials, supplies, etc.)
Hard savings - the direct benefits that affect the bottom line and can directly improve the financial performance of the organization (examples are: sales/price increase, cost reduction and productivity savings)
Soft savings - the indirect benefits which are difficult measure (they are mainly improved yield of a business process, the increased stakeholder satisfaction and the increased safety in the workplace)
One-time savings - examples are value of inventory reduction and sale of unneeded assets
Example
Call Center
$, hours, units E.g.: $/unit $ Year-1/partial year Year-2 Year-3
Cost/Benefit Unit Entry/Quantity Final/Total Description
Project Title C O S T S Implementation costs (one time) 8,000
CRM Rules for CCR Quality 1 Update rules in CRM 8,000 Cost to update rules
Solution Title/Description 2
3
Sponsor 4
CC Manager Ongoing costs (monthly) 0
Project Manager 1
J Doe 2
Timeframe for CBA (in months) 3
12 4
Estimated cost/savings year one (maximum 12) >>>Total Costs (monthly) 667 3,333 11,333 19,333
5 B E N E F I T S Hard and soft savings (monthly) 1,200
Average labor cost (hourly / daily) 1 Saving from reduced calls Calls 5000 1,000
$23.00 2 Saving from reduced QC QC 500 200
Assumptions/Comments 3
1 4
2 Savings (one time) 0
3 1
4 2
5 3
6 4
7 >>>Total benefits (monthly) 1,200 6,000 20,400 34,800
Benefit-cost ratio 1.80 667 Monthly payback Net cash flow Net gains 2,667 9,067 15,467
Monthly payback period 6.7 0 6.7 1,200 ROI 80.0%
Cost Benefit Analysis
$, hours, units E.g.: $/unit $ Year-1/partial year Year-2 Year-3
Cost/Benefit Unit Entry/Quantity Final/Total Description
Project Title C O S T S Implementation costs (one time)
1
Solution Title/Description 2
3
Sponsor 4
CC Manager Ongoing costs (monthly) 0
Project Manager 1
J Doe 2
Timeframe for CBA (in months) 3
4
Estimated cost/savings year one (maximum 12) >>>Total Costs (monthly)
5 B E N E F I T S Hard and soft savings (monthly) 0
Average labor cost (hourly / daily) 1 5000
2 500
Assumptions/Comments 3
1 4
2 Savings (one time) 0
3 1
4 2
5 3
6 4
7 >>>Total benefits (monthly)
Benefit-cost ratio Monthly payback Net cash flow Net gains
Monthly payback period 0 ROI

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Essay & Assignment Help
Fatimah Syeda
Online Assignment Help
Top Class Engineers
Quality Homework Helper
Ideas & Innovations
Writer Writer Name Offer Chat
Essay & Assignment Help

ONLINE

Essay & Assignment Help

I have read your project details and I can provide you QUALITY WORK within your given timeline and budget.

$37 Chat With Writer
Fatimah Syeda

ONLINE

Fatimah Syeda

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$24 Chat With Writer
Online Assignment Help

ONLINE

Online Assignment Help

I am an experienced researcher here with master education. After reading your posting, I feel, you need an expert research writer to complete your project.Thank You

$43 Chat With Writer
Top Class Engineers

ONLINE

Top Class Engineers

I find your project quite stimulating and related to my profession. I can surely contribute you with your project.

$39 Chat With Writer
Quality Homework Helper

ONLINE

Quality Homework Helper

I find your project quite stimulating and related to my profession. I can surely contribute you with your project.

$38 Chat With Writer
Ideas & Innovations

ONLINE

Ideas & Innovations

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$32 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Spartan heat exchangers inc case study - Bishop bede polding legacy today - Role of computer in accounting ppt - English - How digital marketing affects consumer behaviour - Self-Analysis 8352 - Is $90000 a good salary - What happens to mrna after it completes transcription - Configure is locked packet tracer - Nick gereffi how did he die - Nitro swim cedar park - Media ethics cases and moral reasoning 9th edition pdf free - Why is the yellow flame called the safety flame - Discovering physical geography pdf - Quality management plan examples - Cell division mitosis and meiosis lab answers - Ateneo pre med courses - Compressor bleed valve operation - So sick noah and alex - Lmj cco1 24 b - Discussion - John r evans leaders fund - Alka seltzer reaction in water - Cost per square foot to build a mezzanine - Nursing paper - Diana rigg sight words year 4 - Canterbury tales written in old english - Assignment2 - Thumb abduction splint c bar - Basic chemical terminology in biology - Find the value of rl for maximum power transfer - Hm1030 week 2 test - Is the hadith a sacred text - Problem 3 2a financial accounting - Chemistry lab molecular models - Real estate law 9th edition klayman - Stone butch blues chapter 1 summary - The great kapok tree powerpoint - Ethical Dilemma Project: Case Selection - Just global community meaning - In broad daylight summary ha jin - Fences play full text - Wordly wise 3000 book 6 lesson 8 - Nursing Theory (due 24 hours) - Elements of art in the great wave off kanagawa - Sennoside docusate 8.6 50 mg tablet - Click lick on poem just need some minor changes - Uts library journal articles - Industry-average ratios - Microsoft - Differentiation of inverse hyperbolic functions examples - Blackboard old westbury - Http www bbc com news business 34324772 - Lopeswrite grand canyon university - Oilatum soap bar superdrug - Barreling effect in compression testing - Melissa mccarthy snl honey baked ham - Autopsy of a data breach the target case analysis - Pulse candy business - Journal 1 - Managerial economics and organizational architecture pdf download - Chart - The following is a valid sql statement - Mastering Academic Essay Writing - Amino 2300 muscletech side effects - Perception checking exercises - East mississippi community college notable alumni - BI-2 - Jeevan jal for diarrhoea - Delph company uses a job order costing system - Kenyon medical centre coventry - Briefing Cade for Legal - Blau social exchange theory - Deutsche bank case study answers - Australian scanner frequencies victoria - Crathco d25 4 parts list - Requires symbolic math toolbox - 8/32 fitzwilliam street kew - Majumder v attorney general of sarawak - Health care delivery in the united states 11th edition ebook - P6#1 - Concepts and theories in nursing - Fisher price bongo drums target - ZAK: Discussion 4 - Ainslie wood primary school - Edgewood lake hospital case study - Grammar Exercise - Hp designjet t120 printer - MISS PROFESSOR ONLY - Module 1 Discussion Post 2 BHA415 - Discussion: Developing Research Questions or Hypotheses - NTC/300: Cloud Technologies - CompTIA Cloud+ Certification Discussion - Balloons and static electricity phet answer key - Explanatory and response variable - Great alne primary school - Excel work- Exp19_Excel_Ch05_Cap_Apartments - Culture and professional practice - Willesborough junior school website - Who inhabited iceland first - Balancing chemical equations made easy - Social Work Presentation - AG