Case Study - Project Management Information System - Cost Benefit Analysis Your organisation is updating its current PMO information system infrastructure with all new software, cloud computing, collaboration sites, and real-time reporting software. The Director of Marketing wants to compare the benefits of the PMO information system with developing a new line of business by creating an online project management training curriculum For the PMO information system, the initial investment is R750,000 and R45,000 per year to maintain. The benefits would not be available until the second year. The enhanced infrastructure is expected to generate revenue, as shown in the table, for Years 2 through 5 before needing to be replaced. The online project management training investment is R325,000 in Year 1 and R35,000 in Years 2 through 5 to maintain. You expect to have R1,500,000 in sales the first year and R3,500,000 in Years 2 through 5. Assume the discount rate is 5%. The Director of Marketing wants to compare the benefits of the PMO information system with developing a new line of business by creating an online project management training curriculum. As the project manager appointed to manage the process, using the appropriate calculations (cost-benefit analysis), present the required information to the Director of Marketing that will allow him to make an informed decision. You may use the table below as a template to assist you in structuring your data. You are also required to explain what a cost benefit analysis is as well as some of the challenges to be aware of when conducting a cost benefit analysis to the Director of Marketing and his team. Table 1 PMO Upgrade Virtual Training Year Benefits Costs NPV Benefits Costs NPV 1 2 2,500 000,00 3 5,250 000,00 4 6, 000 000,00 5 6, 000 000,00 Total Total