Remember to Mention that the % rate has went from 60% to 90% classroom capacity (To attract more customers) Optimize= The registration process is now online compared to Post
Minimal: Eventually you will pay more in the long run, with the upgrade costs as opposed to going for a premium site in the long run. Higher Quality (more developers and more brainstorming sessions for ideas)
Excellence project management team (presentation)
Products and Plan.
Budget and Financial Analysis.
Napier Management Training wants to build a fully functional
website before 31 st of August.
Design and Implementation of the Website
Interface design including website’s map and navigation
Constraints: Client changing requirements often
Users: So who will use the website?
Local Users or Foreign Users
REASONS AND BENEFITS
Why is NMT building the website?
More Market Share.
Offer Courses and Training in more organised fashion
Attract more Customers
Gain Consumer Trust by being Online
Optimize business Processes
BUSINESS CASE CONT’D
If you DO
• Long term effects (Profits will remain at a (constant) or
drop from the 60% capacity
• Students demand online services (NMT can’t Provide)
• Technology is rapidly changing, so need regular upgrades to
• It will eventually cost the same as the high spend model
• Latest Technology will be used to deliver a good service
• Project delivered on time
• Higher Quality
BUSINESS CASE CONT’D
Time: It will consume some of NMT’s staf fs time while doing
board meetings, brainstorming sessions and getting feedback
during the testing period
Cost: The project is going to cost NMT 30,000 over a 6 month
Quality: If website implantation is poorly delivered, the
website wont reach its full potential, causing damage to the
Potential Scope Creep: If the client requests too many
modifications to features the project might go over budget.
Human Error – Or members of the team might leave their
memory stick or laptop unattended, or not back up their data.
54% fail because of poor planning and direction
IS IT PROFITABLE?
YES ! It is !
NPV for 12% = £18,443.88
IRR = 33%
3 Venues, 4 Classrooms in each venue.
60% capacity without the website.
Capacity will increase until it reaches 90% on year 5.
£250 per person for an entire year.
60% of yearly revenue is considered costs and taxes.