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Subject: Re: Cost Benefit Analysis for Software
From: "Mark, Eric" <[log in to unmask]>
Reply-To:Records Management Program <[log in to unmask]>
Date:Thu, 9 Oct 2003 08:24:00 -0700

text/plain (46 lines)

Good morning Carolyn and all.

I have one issue that I've found my IT department has overlooked when
preparing a cost analysis for a new system. That is the migration cost.
While this can be an issue that is hard to "pitch" to upper management
(and I speak from experience), at least you can document the attempt. It's
my understanding that just the conversion cost alone, should be at least 10%
of the purchase cost of the system being implemented. That does not include
the purchase of the newer technology. Please correct me if I'm wrong. See
you all in Boston!

Just my two cents,
Eric Mark
Records and Information Management
Phone: 902-3867 Fax: 586-1351

Helping in ways never imagined!

-----Original Message-----
From: Carolyn Trim [mailto:[log in to unmask]]
Sent: Wednesday, October 08, 2003 6:43 PM
To: [log in to unmask]
Subject: Cost Benefit Analysis for Software

I am asking for some quick help here. A friend must prepare an analysis of
purchase and implementation of a software system.  I have gone totally blank
and must be having a senior moment.  What are the things you consider for
the expenses of implementation and ongoing.  Such as software cost,
hardware, contract labor for installation or programming, ongoing support,
other staff time for implementation, etc.  I have dug in the files I have
and can't find my old spreadsheet.

Can this esteemed group help me gain my memory please.

Carolyn Trim, CRM
Compliance Officer
Cornerstone Mortgage Company

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