Cost Benefit Analysis
Cost-Benefit Analysis or CBA estimates and sums up the equivalent money value of the benefits & costs of the system in order to determine whether it is profitable or worth the investment.
|Developmental Cost||Duration||Monthly Cost||Total Amount|
|Programmer||6 months||Php 4,500.00||Php 27,000.00|
|System Analyst||6 months||5,500.00||33,000.00|
|Project Manager||6 months||6,500.00||39,000.00|
|Office Supplies||6 months||150.00||900,00|
|Internet Connection (PLDT)||6 months||1,500.00||9,000.00|
Table 2.0: Developmental Cost
Table 2.0 shows the total developmental cost of the proposed system. It indicates proponents’ salary and the cost of researching and forming of the research system.
Table 2.1: Operational Cost
|Operational Cost||Duration||Monthly Cost||Total Amount|
|Electricity||12 months||Php 950.00||Php 11,400.00|
|Maintenance Fee||12 months||1,025.00||12,300.00|
|Internet Connection (PLDT)||12 months||1,500.00||18,000.00|
Table 2.1 above shows the operational cost of the proposed system. It contains the maintenance cost and expense in using the proposed system.
Table 2.2: Total Developmental and Operational Cost
|Total Developmental Cost||Php 109,440.00|
|Total Operational Cost||41,700.00|
The table shows the total cost of the development and operation of the proposed system.
Table 2.3: Benefits of the System
|Benefits of the System (Annually)||Amount/Value|
|The efficiency of work/output of Employee||Php 54,240.00|
|Work management of Employee||54,240.00|
Table 2.3 above shows the computed benefits of the researched system to the institution. The proponents have researched on what are the presumed amounts or value of each item that will benefit the institution over its traditional method per year.
Table 2.4: Cost-Benefit Analysis
|Return on Investment||68%|
Table 2.4 shows the cost-benefit analysis of the system. Each figure has corresponding data as shown in the table. The payback period came out as 2.75 with an ROI of 68%.