Time Management Project Analysis - 1075 Words

The current process that is being improved upon is one which seeks to reduce the use of paper within the organization by becoming a more electronic company. This may cost money at the onset of the process improvement as resources will be needed to implement the necessary changes to enact the new processes. However, it will reduce the overall cost to the organization over the years and it will eliminate paper costs and other expenses associated with paper usage. There are a few resources needed to ensure the process has what it needs to be successful. First, to reduce paper a shared website or network must be created to give employees an operating platform to conduct their tasks electronically. Next, some of the managers will need to†¦show more content†¦Thus, 216 computers will need to be networked utilizing the new resources. The estimated set up of 20 users is $2500 (Walker, 2015). Although only one organization is being referenced this cost estimate is roughly the same with several other entities. The estimates, which are rounded up, of networking all the computers within the organization is $27,500. This will come with an additional server with storage ability of approximately $4000 (Walker, 2015). This leaves a total cost of $31,500 to update the current system and establish a network to reduce the use of paper. The project will be given the 6 month timeframe in order to have it completed by the end of the fiscal year and the installation will not require the company’s employees as the network set up cost are estimated from an outside contractor. Business will continue uninterrupted as the paper processes can continue until the network is established. Although this equipment is costly it has been found that setting up an organization to be more electronic can have long lasting, cost saving benefits (â€Å"Paper or Electronic†, 2003). Moreover, reducing paper usage is environmentally sound. Thus, by fulfilling the mor al obligation to protect the environment the organization will be bettering the public’s opinion on the company while fulfilling best practices of â€Å"going green† (Walonick, 1993). Another item to consider is the addition time that will be spent for training of the personnel within the companyShow MoreRelatedProject Risk And Risk Management1412 Words   |  6 Pages1- Abstract: Project Risk is an undefined event that, if it occurs, has a positive or negative impact in the project’s results. There are two types of risks can affect the project, they are threats and opportunities. The first affects negatively and the second affects positively. These risks can be individual risks or overall project risk. 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