Project cost modelling (edms)
- 1. Living sustainably Project Cost Model
- 2. Living sustainably Project Cost Model
- 3. Project Cost Modelling - Agenda • Warnings • Background • Project Cost Models • Model Development • Model Challenges • Questions
- 5. Background • EDMS project completed and to be rolled out to other government agencies. • Existing cost model was for project recovery only – costs high for early adopters but low for late adopters. • A cost model where a surplus could be ploughed back into the project for enhancements and upgrades
- 6. WoG Cost Model Cost per Agency Number of Agencies $ Project Cost Operational Costs Time
- 7. Model Development – Old Model • Trying to understand original model • 11 worksheets • Model was based on 3 one year intervals – not granular enough for accurate costing. • No capability for ‘what if’ scenarios and no visualisation of responses • Under estimated project costs
- 8. Model Development – Cost Recovery Model • Developed as a reference point for the Charge Model • Parameters: – Agency complexity and size – One of costs – On going costs – Set up costs (based on complexity and size) – Recovery periods (project and ongoing costs)
- 9. Model Development – Cost Recovery Model (2)
- 10. Model Development – Cost Recovery Model (3)
- 11. Model Development – Charge Model (1) • Based on charges for services to deliver and maintain EDMS for agencies. • Charges are derived from original project and ongoing costs • Charges are scaled on agency complexity • Model is used to work out $ to charge participating agencies
- 12. Model Development – Charge Model (2)
- 13. Model Development – Charge Model (3)
- 14. Model Components • Agency Details – name size and complexity • Active agencies – how many agencies join up and when • Calculated costs • Setup costs and schedule. • Show Model
- 15. Questions ?