How does one calculate the ROI of a Software project? Also, any difference between Long term and Short term projects?

Asked by Last Modified  

8 Answers

Learn BA Tuition

Follow 1
Answer

Please enter your answer

Manigandan Kumaran

Mathematics Teacher

i can say only maths and state
Comments
Dislike Bookmark

Freelancer & Educator, Language , Vedic Maths, Humanities

yes, i can help you if some students come across
Comments
Dislike Bookmark

Professional Coaching- Commerce Subjects & English

ROI is return on investment, or the capital employed. In a very practical sense, the ROI is nothing but the Rate of Normal return that can be attributed to the industry, multiplied by the capital invested. If the % ROI is not know, or given, you may take the normal returns prevailing in the same industry....
read more
ROI is return on investment, or the capital employed. In a very practical sense, the ROI is nothing but the Rate of Normal return that can be attributed to the industry, multiplied by the capital invested. If the % ROI is not know, or given, you may take the normal returns prevailing in the same industry. Mathematically, it can be denoted by the formula ROI = ROI % X Capital Employed Simply speaking, it is what you get back from a project, had you invested some of your money into that. Long Term Projects Vs Short term Projects- These are differences between projects based on the time period involved. Projects having very less time say upto 12 months can be considered to be short term projects. Such initiatives may be taken to solve a specific issue, and involve lesser funds. These may be in the nature of internal projects to solve internal problems.The formalities and regulations associated with these my also be lesser. these projects may even take off for such limited periods such as 1 week, or few hours. Long term projects, on the other hand involve huge amounts of resources, and larger gestation periods, 12 months are more. The formalities and legal costs involved, will of course be much higher. Rather than addressing a specific issue, it definitely seeks to "earn" a return. Thus, it may be open for external parties as well, both for raising funds and operations. read less
Comments
Dislike Bookmark

Experienced Tutor

Rate of Interest should be calculated according to the risk involved with the company managing the software. So it depends on the project. If you are looking to get a loan on Software project better try to get a venture capital. Yes, there is huge difference between Long Term and Short Term Project,...
read more
Rate of Interest should be calculated according to the risk involved with the company managing the software. So it depends on the project. If you are looking to get a loan on Software project better try to get a venture capital. Yes, there is huge difference between Long Term and Short Term Project, the whole difference is of Economic Profits, While in Short term there can be losses / profit whereas in long term it benefits the growth of the company as the project works on economies of scale once launched. read less
Comments
Dislike Bookmark

Good Commerce Lecturer

Businesses are in business to make money. But calculating the true value of any project (Lean Six Sigma or otherwise) with respect to its impact on margin has always been challenging, mainly due to the ambiguity of turning notions into dollar values. For instance, it is clear that training employees...
read more
Businesses are in business to make money. But calculating the true value of any project (Lean Six Sigma or otherwise) with respect to its impact on margin has always been challenging, mainly due to the ambiguity of turning notions into dollar values. For instance, it is clear that training employees will improve expertise and productivity, but how does that translate to bottom-line savings or revenue growth? Spending thousands of dollars on automated systems and software is likely to improve work efficiency, but what’s the dollar-value improvement of that efficiency? Return on investment (ROI) is a key calculation in answering these questions, as well as showing the project value and its impact on the margin. read less
Comments
Dislike Bookmark

Student

its a long process
Comments
Dislike Bookmark
long process
Comments
Dislike Bookmark
Rate of Interest should be calculated according to the risk involved with the company managing the software. So it depends on the project. If you are looking to get a loan on Software project better try to get a venture capital. Yes, there is huge difference between Long Term and Short Term Project,...
read more
Rate of Interest should be calculated according to the risk involved with the company managing the software. So it depends on the project. If you are looking to get a loan on Software project better try to get a venture capital. Yes, there is huge difference between Long Term and Short Term Project, the whole difference is of Economic Profits, While in Short term there can be losses / profit whereas in long term it benefits the growth of the company as the project works on economies of scale once launched read less
Comments
Dislike Bookmark

View 6 more Answers

Related Questions

What is diference between traditional schooling & Transformational Learning?
Traditional schooling typically follows established methods, while transformational learning involves profound shifts in perspectives, fostering personal growth, and critical thinking skills.
I'm Smart Future School
0 0
8
What is jquery?
jQuery is a JavaScript toolkit designed to simplify various tasks by writing less code.
Arvind

Difference between Academic Counselor, Education Counselor & career Counselor?
An academic counselor primarily assists students with their academic journey, providing guidance on course selection, study strategies, and academic goals. An education counselor, on the other hand, encompasses...
I'm Smart Future School
0 0
9
What is the difference in syllabus between BA and BBA in Mathematics, especially for the first year syllabus?
BA/B.sc Mathematics are real one whereas BBA Mathematics is just a applied consequence of real Mathematics. BA/B.sc Mathematics will contain vast syllabus with tough topics but BBA Mathematics will contain...
Yogi
0 0
8
Hello, how to improve my communication skills and also I need to communicate with people in English? Please suggest.
i think you should also start speaking with people in english ..to a great extend it will reduce the barrier of shyness to communicate
Dinesh

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What are crucial conversations? How is anger triggered?
Recently I came across a book about Crucial conversations. The language and the content were extremely engaging. I wanted to talk in a series here about some insights that I got from that book. Usually,...
S

Sailakshmi K v

0 0
0
English Written and Spoken: Exercise To Gain Familiarity
A few simple procedures to follow to improve your English:1. Reading simple children's storybooks to start off with understanding word placement and sentence construction.2. Write out short essays to judge...
A

Adithya Ligory

0 0
0
Fluid mosaic model Basic features

Mohit Kumar

0 0
0
class 12

Vikas mehra

0 0
0
Advantages of C++ Language
Advantages of C++ - C++ is a profoundly convenient dialect and is frequently the dialect of decision for multi-gadget, multi-stage application advancement. - C++ is a protest situated programming dialect...

Bright Computer Education

2 0
0

Recommended Articles

Common Rules to Follow for College Students

During the last days in school, every student waits for their college life. It is, of course, exciting to get admission in your dream college with the course you wanted to pursue. Its your effort and struggle that makes you part of the college that you aimed for. Yet, once the first month passes all students forget their...

Read full article >

7 key skills to develop while you are in college

Whatever you learn in college is no doubt very important and forms the base for your future professional career. However, lack of hands-on experience, business oriented skills and interpersonal skills, among fresh graduates are making them unfit for employment in competitive business environment. Today organizations operate...

Read full article >

10 Tips For Your College Dissertation Project

Whether you are doing graduation or post graduation, no college student can escape from the misery of college dissertation. College dissertation is a detailed research project on a topic of your choice, approved by professors. At the beginning of the dissertation you have to set a hypothetical aim and at the end, you have...

Read full article >

6 Bachelor of Arts (BA) Subjects That Promise...

Most of the students decide what stream they are going to choose at the school level. Science, commerce and arts are the main fields, and students need to choose any one between these three. Although there are many such professional courses available, most students like to select one of these three streams. In college,...

Read full article >

Find BA Tuition near you
BA Tuition in Delhi
BA Tuition in Bangalore
BA Tuition in Kolkata
BA Tuition in Hyderabad
BA Tuition in Mumbai
BA Tuition in Chennai
BA Tuition in Pune
BA Tuition in Noida
BA Tuition in Gurgaon
BA Tuition in Lucknow

Looking for BA Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you