Please use the following Tangible/Intangible Cost/Benefit table analysis, or you can develop your own:
(Each category may have more or less than 3 entries – this is just a guide)
Tangible Costs of Mobile
Tangible Benefits of Mobile
Intangible Costs Mobile
Intangible Benefits Mobile
Tangible Costs of Legacy
Tangible Benefits Legacy
Intangible Costs Legacy
Intangible Benefits Legacy
Graphs below
MOBILE
1. Initial Investment
2. Application software maintenance
3. User Training costs
4. Incremental Storage costs
1. Student Retention benefit
2. Reduction of employee turnover
3. Reduction of Printing costs
4. Expected savings in add-on software
1. Mobile & Legacy systems will have ot be maintained for a year
2. Reluctance of ‘Old school’ administrators to accept new technology
3. Fear that Mobile project may not be delivered on time
1. Student retention
2. System developer’s aspiration to be innovative, creative and current.
3. Ability of students to access information on the go
4. Reduce stress and time spent in meetings for students
LEGACY
1. Initial Investment
2. Application software maintenance
3. User Training costs
4. Incremental Storage & Computing costs
1. Expected Savings in programming costs
2. Savings in Network upgrades
3. Student retention benefit
1. May not be seen as promoting organizational learning
2. Student retention may be difficult in absence of new technology
3. Many areas of campus will not have WiFi access for legacy system
1. Programmers are familiar with the legacy system
2. Low initial cost of legacy systems as compared to Mobile system
3. Traditional systems will allow better information flow
 Break Even analysis for Mobile
$80,000
$70,000
$60,000
$50,000
Dollars

$40,000
Benefits
$30,000
$20,000 Costs
$10,000
$-
0 1 2 3
Year

Break Even analysis for Legacy

$25,000

$20,000

$15,000
Dollars

$10,000 Benefits
Costs
$5,000

$-
0 1 2 3
Year