Project, Programme and Performance Management Software Return on Investment Calculator
Project - Programme - Performance
project performance management software return on investment calculator

ProjectVision
Return on Investment Calculator

The ROI calculator below provides an estimate of the savings that ProjectVision will provide your business. It considers time taken around data entry and report generation and contrasts that with the efficiency increases which will arise from a customised and practical project management approach based upon our tools.

You will also get significant additional returns from your staff making use of the time saved. Furthermore, you should consider the impact of the monetary value of delivering projects on time and of the good will from your customers and stakeholders from effective delivery and accurate forecasting of project dates.

Whereas we can provide a good estimate of the likely savings, please note that the results from this calculator are subjective and are meant to be thought provoking.

My Organisation
We need some brief details from you about your business to seed the calculation. Please enter the following figures:
Number of people working on projects in my organisation
Average Annual Salary (including PAYE and PRSI)
Working days per year  
 

 

Results

Estimated Savings (over first year)
Return on Investment  
 
These values are explained in the Detailed Calculation section below.
 

 

Detailed Calculation

Manual System vs ProjectVision  

 

We have estimated some activity timings for the tasks ProjectVision will have a significant impact upon, based upon our customers' experience to give a view of the total time taken using the current manual system. Then we compare this to how these time costs for your organisation would be altered if you were using ProjectVision. This gives us the amount of time that could be saved using ProjectVision.

  Manual
System
(hours)
ProjectVision
(hours)
Saving
(hours)
Data entry and checking on paper per Project per year
12 hours per project per month manually vs 2 hours using ProjectVision
Monthly Status Report Generation
4 hours per project per month manually vs 2 minutes using ProjectVision
Annual Reports
2 hours per project per year manually vs 5 minutes using ProjectVision

Total Time Per Year (hours)

Equates to (days per annum)
 
In financial terms this equates to:
Estimated Savings (over first year)
Number of days saved multiplied by the average annual salary

Return on Investment
Based on the figures above the time taken to achieve a return on your investment will be:

Estimated Project Efficiency Savings      

Additionally, there is a real potential to make savings through the project efficiency gains that you will achieve by implementing ProjectVision.  Examples of these are as follows;.

  • Monitoring of planned v actual costs
  • Workflow to ensure timely completion of tasks
  • Document control
  • Milestone management
  • Risk and issue management
  • Integration with other systems e.g. Financial and GIS
  • Timesheets
  • and more...

 
Whereas we can provide a good estimate of the likely savings, the results above are only that. We would be delighted to refine these figures for your organisation and work up an accurate ROI case with you. Please give us a call on 1800 940 940 and we will arrange the details.