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Capital Budgeting

Proposal Sponsor: 
Andrew Haddon

Overview

A placeholder project is being noted to complete any follow on work from the 2015-16 project Capital Budgeting Evaluation.

The evaluation of the WebCentral modules Capital Budgeting and Project Management is scheduled to be undertaken during quarter 2 of 2015-16.  


On the basis that the evaluation proves to be successful, there will be the requirement to firstly, implement the modules on the live system whilst secondly, develop an interface with eFinancials to enable all financial information regarding the projects to be extracted and uploaded into the Archibus Capital Budgeting environment.

Other contributors: 
Maureen Masson, Andy Stewart
What would happen if the project did not take place?: 

If the decision is not taken to proceed with the Archibus solution, whilst this project would not be required, it is anticipated that an alternative project to source a solution to manage the Capital Budget would be required.

Who does it affect?: 

Estates Finance and Development Teams

Why is it needed/What are the benefits?: 

There is no formal system in place at this time, other than MS Excel based spreadsheets.

Improved efficiencies and accuracy would be achieved through the removal of maintaining spreadsheets, and system generated reporting

BI/MI requirement?: 

N/A

External costs?: 

Cost of module estimated at £15,500 with additional £3,000 maintenance costs over the 3 years after installation.

Fit with University strategy: 

Goals - Excellence in Education

Goals - Excellence in Research

Goals - Excellence in Innovation

Enablers - People

Enablers - Infrastructure

Enablers - Finance

Themes - Oustanding Student Experience

The Estates Department will continue to provide and develop estate facilities and services to deliver a world class estate to support teaching, learning and research excellence across the University.

 

Score for portfolio comparison: 

1.Alignment with University Strategic Plan/Business Objectives

2 x 3 = 6

2.Risk of not doing the project

2 x 2 = 4

3.Benefits relative to cost

1 x 2 = 2

4.Time to deliver tangible benefit

1 X 3 = 3

TOTAL SCORE

15

Planning Status: 
Proposal
Overall Priority: 
2
Portfolio: 
CSG
Project Owner: 
CSG
Procurement > £50K: 
No
Funding Source: 
Sponsor Funded
IS Admin Tab
Estimation Type: 
3rd Party IT Solution Implementation
Estimation Confidence: 
Not Very Confident (a lot of uncertainties)
Estimated IS Apps Days: 
Small
Estimated Business Partner Days: 
Medium
Impact on other service area: 

Finance - Small

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