RS CI Benefit Calculator

Process Details

JDI / Project number (if known)

Time unit per cycle

Applies to both original and new times.

Original time per cycle

New time per cycle

Instances period

Number of instances

Working days per year

Resource

Minutes saved per cycle

Total cycles per year

Annual hours saved

Annual financial benefit

£0.00

Explain how any time/cost saving has been realised.

Minutes saved per cycle = (Original − New) × (1 if minutes; 1/60 if seconds).
Total cycles per year: per working day → Instances × Working days; per week → Instances × 52; per month → Instances × 12.
Annual hours saved = (Minutes saved per cycle × Total cycles per year) ÷ 60.
Annual financial benefit = Annual hours saved × the hourly rate for the chosen resource.