Question: Hypothetically: I am working on upgrading snap chat and plan on adding some features to the app which is snapchat, the goal is to find

Hypothetically: I am working on upgrading snap chat and plan on adding some features to the app which is snapchat, the goal is to find the expected benefits and find the return on investment (ROI) will cost.

Features

  • Snapchat: Search function in saved chats, ability to search in the chat history for something in particular
  • ALSO ability to download all memories (cloud storage) at once (desktop login).
  • Snap has replaced texting and camera for a lot of people and there is no feasible way to actually "own" your photos/videos if snap ever got deleted or you moved away from the platform

features will cost $32,000-$48,000 and labor is about 50 dollars per hour

Budget o Establish the Total Costs for the project Be as realistic as possible based on external research Remember to consider things like the salaries for each employee working on the project and costs of the projects infrastructure o Expected Benefits and ROI there must be value added for the investors! Teams must demonstrate why should investors put their money into their project?

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