Document Type
Closed Project
Publication Date
Winter 2012
Instructor
Robert Dryden
Course Title
Advanced Engineering Economics
Course Number
ETM 535/635
Subjects
Scheduling -- Computer programs -- Economic aspects, Cloud computing -- Economic aspects, Web services, New business enterprises -- Evaluation
Abstract
The principal objective of the project was to determine the viability of proposed business alternatives by leveraging appropriate economic analysis methods. To scope and outline assumptions, a section on background research was performed and documented. The numbers from this initial research was plugged into development costs, pricing and ongoing operation expenses. Four solutions were considered: two product designs using two different development models. A conservative minimum attractive rate of return was established and applied to the models. A detailed analysis was conducted and results showed at least one viable option. Due to the limited resources and time available, many assumptions will need further investigation.
Rights
In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
Persistent Identifier
http://archives.pdx.edu/ds/psu/22112
Citation Details
Bhella, Opinderjit; Elliot, John; Gilliland, Garrett; Ibarra, Maria M.; Rahimi, Noshad; and Runde, Neil, "Economic Analysis of Developing a Web Based Scheduling Platform as a New Business Opportunity" (2012). Engineering and Technology Management Student Projects. 552.
http://archives.pdx.edu/ds/psu/22112
Comments
This project is only available to students, staff, and faculty of Portland State University