Question: Scenario: A team is proposing an app, it is going to spend between $20,000 and $80,000 to develop your app depending upon the complexity. A
Scenario:
A team is proposing an app, it is going to spend between $20,000 and $80,000 to develop your app depending upon the complexity. A secure app that connects to a EHR would cost $100,000. These apps would cost $2,000 to maintain each year. Supply costs are $3000 for the project. (Hypothetically)The app is created, and will be used to help with patient admission.
Business Case description (with financials) -
Describe the circumstances that give rise to the business opportunity or problem the project (APP) will address. Include:
- the aim of the project -
- what the project is going to achieve -
- technical aspects -
- Operational aspects-
- a preliminary financial (NPV, ROI, payback period analysis) example... 10% over three years https://www.investopedia.com/terms/d/discountrate.aspLinks to an external site. -- we are using 6.25% discount rate. Use the following data for the financials: (Team members make $30 per hour and work 10 hours per week and the project is 15 weeks long. The project manager makes $50 an hour and works approximately 20 hours per week on the 15 week project)
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