Forums for the Business Analyst

 
  Modern Analyst Forums  Business and Sy...  General  new help with documenting cost? how ? where ? template ?
Previous Previous
 
Next Next
New Post 10/17/2017 10:02 AM
Unresolved
User is offline Suraj 01
1 posts
No Ranking


new help with documenting cost? how ? where ? template ? 

Brand New BA here (2 weeks): 

 - My project involves moving data from TPF to Non relational database with real time ETL along the way, WaterFall.  My boss asked me: We are spending money everywhere, there are various costs associated with different things like Azure subscription or Database subscription or whatever may be the case. I need you to collect all the cost and rates and expenditure associated with the project and document it. Is there a template anyone can suggest me i should follow to document such info. Someone might say that is not BAs job; thats ok i am trying to take on extra responsibilities.  What would you do ? Excel ? Word ? if yes any templates anyone can send me or direct me towards ?

Much Thanks in advance 

Suraj

 
New Post 10/18/2017 3:49 AM
User is offline Kimbo
456 posts
5th Level Poster


Re: new help with documenting cost? how ? where ? template ? 

Hi Suraj

 

Thinking about what your boss is after, I'd maybe approach it by providing solution options (talk to solution architect if you have one). I don't know what TPF is. Presumably TPF is a relational database?

 

So costs for each option are the licence and maintenance costs of the database for the target less the same amount for the TPF thing being replaced. then consider the resource costs - people - to do the migration and the phases in the project if its complex. Data mapping, coding, testing, etc. Then if there are additional server costs or other stuff, cost those up.  Include other software costs if there are any.

 

Very broad brush but put it all together including line items for each cost. incurred and cost saved. Look at say 3 or 5 year total cost of ownership. 

 

I usually present this in MS Word in table for each option. If there are lots of options it might be better visually to have a summary table as well.

 

Don't forget a recommended option.

 

Hope that helps

 

Kimbo

 
Previous Previous
 
Next Next
  Modern Analyst Forums  Business and Sy...  General  new help with documenting cost? how ? where ? template ?

Community Blog - Latest Posts

In today's ever-evolving market, businesses must adapt swiftly to remain competitive and meet the needs of a fast-paced digital economy. Among the various business strategies available, digital transformation, customer-centricity, and sustainability have emerged as top priorities. Let’s explore why these strategies are critical for busine...
The Cisco Certified Network Associate (CCNA) certification is a pivotal credential for networking professionals, validating your skills in networking fundamentals, security, automation, and programmability. Preparing for the CCNA exam can be challenging, but with the right strategy, resources, and mindset, you can successfully achieve this certific...
The CEO/CIO's Guide to Architecting AI: Vision to Value in Minutes Introduction to Architected AI Artificial intelligence (AI) is becoming part of our life at an unprecedented pace. As CEOs and CIOs grapple with how to leverage this powerful technology to drive strategy and enhance operations, the concept of Architected AI becomes importa...

 






 

Copyright 2006-2024 by Modern Analyst Media LLC