Flash Research Paper 3: SharePoint
Over the next three years our company will realize a net benefit of over $1.8 million if we invest in SharePoint. SharePoint will decrease the time spent managing documents, which will increase the amount of billable hours per person from 1,500 to 1,900 per year.
The main benefit of SharePoint is its ability to increase productivity by managing documents more efficiently. SharePoint will allow our team to create a website where documents can be stored, organized, shared, and accessed from anywhere. Decreasing time spent managing documents by investing in SharePoint will increase team productivity by enabling our Project Management Professionals to bill out another 3810 hours per year.
Over the next three years the company will realize a benefit of $2.1 million by increasing the amount of billable hours. Our company will realize a cost of $253,750 over the next three years for installation costs, administration/support costs, and maintenance costs. The three year net benefit of implementing the SharePoint filing system is $1,846,250.
|Benefits||Year 1||Year 2||Year 3||Total|
|Increase in billable hours||$ 700,000||$ 700,000||$ 700,000||$ 2,100,000|
|Total Benefits||$ 700,000||$ 700,000||$ 700,000||$ 2,100,000|
|Costs||Year 1||Year 2||Year 3||Total|
|Installment of SharePoint||$ 100,000||$ 100,000|
|Hardware/software maintenance||$ 18,000||$ 18,000||$ 18,000||$ 54,000|
|PMP Administration and Support||$ 33,250||$ 33,250||$ 33,250||$ 99,750|
|Total Costs||$ 151,250||$ 51,250||$ 51,250||$ 253,750|
|3-Year Net Benefits||$ 548,750||$ 648,750||$ 648,750||$ 1,846,250|
|Hours worked per year||1500|
|Possible work hours||2000|
|current billing revenue||2625000|
|Hours increased per person||400|
|total increase in billable hours||4000|
|Per year benefit||4000*175|
|Maintenance cost per year||18000|
|Administration/support time per year||190|
|Administration expense per year||190*175|
“What Is SharePoint?” Dummies, www.dummies.com/software/microsoft-office/excel/what-is-
Junk, Dennis. “What Is Microsoft SharePoint Used For?” Aptera Inc – Digital Marketing & Technology