Living sustainablyProject Cost Model

Living sustainablyProject Cost Model

Project Cost Modelling - Agenda

• Warnings• Background• Project Cost Models• Model Development• Model Challenges• Questions

Warnings

EDMS

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

WoG Cost Model

Project Cost

Operational Costs

Number of AgenciesCost per Agency

Time

$

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

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)

Model Development – Cost Recovery Model (2)

Model Development – Cost Recovery Model (3)

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

Model Development – Charge Model (2)

Model Development – Charge Model (3)

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

Questions

?