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Version 4.0


Cost Benefit Analysis


To assist you in deciding whether the cost of the WinLoG program can be justified for your business, we have prepared a simple cost benefit analysis. The analysis below shows the number of boring logs you need to generate before the savings from using the WinLoG program have equaled the cost of the program.

This analysis is done in US dollars for three different typical charge out rates $40, $50, and $60 per hour. The cost savings are based on the amount of time saved per boring log by using WinLoG compared to an existing method. The other existing methods and estimated time savings are shown below.

Existing Method Used for Boring Logs

Estimated Time Savings per Boring Log
Other boring log programs 15 minutes
Excel 30 minutes
CorelDraw 45 minutes
AutoCAD 60 minutes

The assumptions used in this analysis are very general and we would appreciate any comments you may have. Please send your comments to us at: sales@gaeatech.com.

 

 
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