The Project Manager will hold a Structured Walk through with the customer and management using the Cost Benefit Analysis. The walk-through process is described in our book. A cross functional team will then review and vote on the project at the end of Week 4. The project can either be accepted as is; be validated after requested changes are made; or the project can be canceled, so it is important we do our best!
In order to create the best documentation, we will need to
a. Three Cost Benefit Worksheets; one for each of the possible alternative solutions containing tangible costs, one-time costs, recurring costs, and discount rates for our analysis (called Alternative A, Alternative B, and Alternative C)
b. Cost Benefit Analysis Spreadsheets (we will need to complete the spreadsheet for alternative C – Nova). Alternative A and Alternative B have been completed by another team. Review them for help in completing the spreadsheet Cost Benefit Analysis of Alternative C.
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