Simple and Complex Environmental Projects †MyAssignmenthelp.com

Question: Discuss about the Simple and Complex Environmental Projects. Answer: Introduction: In order to start the Diploma in Software Development for international students, OTTE P/Ltd will incur some initial costs. The costs are significant but very necessary for the program to start successfully. Since the classrooms and the facilities like desks are ready, the costs for the institution will not be as many as compared to if nothing was ready (Blais,2012). One of the major items that will cost the organization significant amount of money is the purchase of hardware devices. At least 25 desktop computers with dual screen need to be purchased. Every student should be able to operate their own computer at any time. This is important to ensure all students are involved in practical lessons and there is minimum movement and interruptions when lessons are ongoing (Berger, 2011). The extra five desktop computers will be for backup in case some of the computers collapse Management. They will also be used by the instructors from time to time. The cost for a Desktop computer with du al screen is estimated to be $320. Projection dual display screens for displaying text and graphics when students are developing software is also required. The screens will be important for demonstrations and illustrations during practical lessons. Software resources will also cost the institution a substantial amount of money. There is a variety of software tools required to develop software. Examples of this tools include; Atom, Cloud9 IDE, Code Envy, CodeLobster and Codepen (Carkenord, 2009). These programs have to be bought from the manufacturers who issue licenses to the developers who intend to use their software. The other software tools that will be needed to implement the project at OTTE P/Ltd include; software code coverage tools, debuggers, disasemblers, GUI interface generators Build automation software and static code analysis tools. The other software that will be required is MS Visual Studio, MS Project, MS Visio and MS Office (Tavana, 2012).These software programs will be obtained from different developers at different prices. The software language to be used in by the institution is Java programming language management. Java 9 is the version that will be used for this computer (Piccirillo Noro, 2008). The other costs that OTTE P/Ltd will incur in starting the new course on software developing are the cost of labor. At least 4 lecturers specializing in computer science or software development need to be employed. The candidates for the job must have a PHD in computer science or software development. The candidates must have more than 7 years teaching experience in a reputable higher education institution. The lecturers wills be expected to earn salary and allowances totaling $750 per month. The cost of labor is recurrent and will be paid every month. The other recurrent cost for OTTE P/Ltd are overhead cost which include cost of electricity and teaching materials (Foster, 2013). The following is a table showing the breakdown of the costs in a table format: Item Quantity Cost per item ($) Total Dual screen desktop computers 25 520 13,000 MS Visual Studio licenses 1 2,200 2,200 MS Project 1 1,880 1,880 MS Visio 1 1,570 1,570 MS office 1 Free 0 Java programming language 1 2,500 2,500 Other software tools 1 2,900 2,900 Salaries and wages 7 105012 88,200 per year Overhead costs 1 10,500 10,500 Total costs for entire first year $119,850 From the table above, the total initial costs that OTTE P/Ltd amount to $21,150. This represents the expenses that will be incurred only once during the beginning of the course. The maintenance costs and other recurring costs will need to be paid by the institution every month (Albright, Winston Zappe, 2011). The total recurring costs for the entire first year totals $98,700. This represents more than 80% of the entire costs required to start the new course. Since the institution expects to admit 20students in the first year, the total revenue for the first year will be 15,000 multiplied by 20 students. This brings a total of $300,000 per semester. Since there are two semesters every year, the total revenue from tuition fee equals $600,000. This therefore means during the first year of operation, the company will make a net profit of $480,150. This profit is expected to increase in the subsequent years since the initial costs wont be incurred any more (Hass, 2015). Recommendations From the analysis done above, recommendations can be done to the board concerning the decision to start offering a Diploma in Software development. The following are the recommendations to the board of OTTE P/Ltd. The board should go ahead and start offering the course. The financial analysis of the decision shows that the company will make a profit of $480,150 in the first year. This means that the course will greatly boast the profits of the company. The board of OTTE P/Ltd should purchase computers with dual screen in order to offer students an opportunity to view text when developing software. Employee between four to five lecturers to undertake the teaching activities of the department. Open up the program to local students after three years of operation so as to increase revenue base. Conclusion The report evaluates and analyzes the benefits and the costs that will be incurred by OTTPE in starting a new course. The course in Software development will be offered only to international students and the company wants to evaluate the viability of the business and whether or not the introduction of the course will help to the organization to achieve its goals and objectives. The report contains a letter of transmittal addressed to the chairman of the board and it introduces the subject of the report to the board. The report also contains an executive summary and an introduction section which explains the objectives of preparing the report. An analysis of important elements required to start this course is done and the costs are estimated. The revenues expected per year are also calculated after which the net profit of the company is determined. The recommendations and conclusion are made based on the analysis made in the report. References Albright, S. C., Winston, W. L., Zappe, C. J. (2011). Data Analysis And Decision Making. Mason, Ohio, South-Western/Cengage Learning. Bartlett, R. (2013). A Practitioner's Guide To Business Analytics: Using Data Analysis Tools To Improve Your Organization's Decision Making And Strategy. New York, Mcgraw-Hill Professional. Berger, A. (2011). Standard Costing, Variance Analysis And Decision-Making: Managemant Accounting And Control. Mu?Nchen, Grin Verl. Blais, S. (2012). Business Analysis: Best Practices For Success. Hoboken, N.J., Wiley. Carkenord, B. A. (2009). Seven Steps To Mastering Business Analysis. Ft. Lauderdale, Fla, J. Ross Pub. Foster, D. (2013). Statistics For Business: Decision Making And Analysis. Harlow, Pearson Education Limited. Friedrichsen, L., Cram, C. (2012). New Perspectives: Portfolio Projects For Business Analysis. Mason, Ohio, South-Western. Girvan, L. (2016). Agile And Business Analysis. [Place Of Publication Not Identified], Bcs, The Chartered Instit. Hass, K. B. (2015). Breakthrough Business Analysis: Implementing And Sustaining a Value-Based Practice. Munier, N. (2011). A Strategy For Using Multicriteria Analysis In Decision-Making: a Guide For Simple And Complex Environmental Projects. Dordrecht, Springer Piccirillo, E., Noro, M. G. (2008). Guidebook For Supporting Decision Making Under Uncertainties: Today's Managers, Tomorrow's Business. Hackensack, Nj, World Scientific. Surma, J., Go?Rniakowska, M., Gee, P. (2011). Business Intelligence: Making Decisions Through Data Analytics. New York, N.Y., Business Expert Press. Tavana, M. (2012). Decision Making Theories And Practices From Analysis To Strategy. Hershey, Pa, Business Science Reference.