Question: please prepare project budget Prepare Project Budget Financial models: 60,00x3(three years)=180,000 NPV=Rt/(1+i)^t =$180,000x3/(1+0)^3= $540,000 ROI: (Net profit x investment )/100 (60,000 - 25,000)/25,000 = 1.4%

please prepare project budget  please prepare project budget Prepare Project Budget Financial models: 60,00x3(three years)=180,000
NPV=Rt/(1+i)^t =$180,000x3/(1+0)^3= $540,000 ROI: (Net profit x investment )/100 (60,000 - 25,000)/25,000
= 1.4% Benefits and costs: According to [1] the cost of a
basic application is $25,000. The medium complexity app is between $40,000 and

Prepare Project Budget Financial models: 60,00x3(three years)=180,000 NPV=Rt/(1+i)^t =$180,000x3/(1+0)^3= $540,000 ROI: (Net profit x investment )/100 (60,000 - 25,000)/25,000 = 1.4% Benefits and costs: According to [1] the cost of a basic application is $25,000. The medium complexity app is between $40,000 and $70,000 And the cost of a complies app is $70,000. If the application was worth $25,000 then: Estimated cost of one year is: $14,000 (For updates if needed) Page 117 Estimated Benefit of one year is: $60,000 (hotels profit) , 2 years 120,000, 3years 180,000 Resource Needs and Availability : hardware requirements - more computers to work with - Core i3 Processor (minimum) - As much RAM as possible. Minimum 8 GB If you buy 16 GB, it's a wise option. - Use a Hard disk as external HD. And buy a 256GB SSD. software requirements - bigger storage system to better performance (hard disk) - beggar ram to have a faster performance for the computer - In order to avoid data loss, databases should make use of sharing to be redundant. - Database backups should be performed on an hourly basis and kept for one week. - In 3 seconds, the program should be loaded and available. - The program needs to update the interaction interface within 2 seconds. - In order to avoid duplicate data and increase performance, the database should be normalized. Prepare Project Budget Financial models: 60,00x3(three years)=180,000 NPV=Rt/(1+i)^t =$180,000x3/(1+0)^3= $540,000 ROI: (Net profit x investment )/100 (60,000 - 25,000)/25,000 = 1.4% Benefits and costs: According to [1] the cost of a basic application is $25,000. The medium complexity app is between $40,000 and $70,000 And the cost of a complies app is $70,000. If the application was worth $25,000 then: Estimated cost of one year is: $14,000 (For updates if needed) Page 117 Estimated Benefit of one year is: $60,000 (hotels profit) , 2 years 120,000, 3years 180,000 Resource Needs and Availability : hardware requirements - more computers to work with - Core i3 Processor (minimum) - As much RAM as possible. Minimum 8 GB If you buy 16 GB, it's a wise option. - Use a Hard disk as external HD. And buy a 256GB SSD. software requirements - bigger storage system to better performance (hard disk) - beggar ram to have a faster performance for the computer - In order to avoid data loss, databases should make use of sharing to be redundant. - Database backups should be performed on an hourly basis and kept for one week. - In 3 seconds, the program should be loaded and available. - The program needs to update the interaction interface within 2 seconds. - In order to avoid duplicate data and increase performance, the database should be normalized

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