Free Wi-Fi City Wide and on All Public Transport - Coursework Example

Free Wi-Fi Wide and on All Public Transport Free Wi-Fi Wide and on All Public Transport Cost Benefit Analysis   Cost-benefit analysis is the estimation of the total equivalent money in terms of benefits and costs to both the community, where this refers to the owners of the projects and to the targeted population if it is worthwhile, Jules Dupuit (1846). In short, Cost-Benefit Analysis involves adding up the benefits of a course of action, and then comparing these with the costs it is associated with. On this other end, free-wifi service is the project at hand. Free-wifi is all what we are advocating for in all public transports. It is our prayer that the government will hearken to this cry and see the need to implement this plea. By free wifi services, it means that the public should be in a position to access internet service while travelling. Since a great percent of the nation is learned, the government should come up with measures to help them access internet services. This will act in a way to improve knowledge in various market centers for those in business, schools or those planning to do business. The main objectives are: Enabling people connect to the internet and checking their mails freely. Allow people do surfing, which is browsing of all areas of interest. Enable people download what they need from the internet. Those who love games are given a chance to play and connect to corporate networks. All this with an aim to make people knowledgeable, come up with ways of raising the county’s economy. The main situation on ground, is that majority of people in the country begin their days early to work and use public service vehicles. Many are usually bored because they all meet as strangers and find it difficult to start a conversation so as to break monotony and end up silent till they alight from the vehicles. The introduction of wifi will make passengers enjoy their commutation to work. Most people who use internet services are in business or in school. They need to discover new ways of increasing productivity and try beating the upcoming competition especially for those in business. Free wifi will allow most people after closing their businesses at the end of the day, be able to get new tips of improving their productivity on their way home. Cost benefit refers to, a systematic analysis that shows an approach in estimating the strengths and weaknesses of alternatives that make transactions, activities or functional requirements for business be considered to be of quality. Thus, David, Ngulube and Dude (2013), go ahead to explain that the technique is used to determine options that give the best approach for a business to be adopted and practiced. The benefits are looked in terms of lab our, time and saving costs. It will be practical to the free wifi that we are advocating for. In terms of time saving, the business persons will be able to get new tips on ways to improve attraction from customers without having to visit cyber cafes or areas where internet is available during their off days. It will be easier in that, after a hard day’s work, on their way home, one gets to open the internet either through their laptops of android phones and read or download tips they want. For students, they will be able to save time when they browse to do assignments. They are expected to read a given document and save in the folders and will only spare time to compile the notes once they arrive home. This helps them, to save the remaining time and do something else. If wifi services will be put in every public vehicle, it will enable every passenger save cost. Most at times, for one to access internet services, they incur a lot of costs; the services are expensive in a way (Chakravarty, 2007). So, if they are to be placed in the vehicles, it will help save costs for the poor people and reduce some budget, because the economy is also rising. Some of the cost benefit techniques are discounts which in this case will apply to the passengers who will be using the public service vehicles. Before discounts are considered, the main objective is to see if the wifi free project will be profitable to undertake. Discounts help calculate the value profits that will be gained in future, in terms of cash flows. This will be evident by the school children, once they do learning that has become efficient from internet services, they become very enlightened and pass their examinations, they then proceed to job markets, some venture in offices, hospitals, and businesses which will be flocked with new techniques that are likely to improve their earning and get discounts in terms of money making. This will in turn improve the economy. Sensitivity analysis refers to a technique that is used to determine or predict the outcome of a decision if a situation turns out to be different apart from what were the major expectations. An example of wifi in public vehicles, it is expected to enhance more people getting enlightened, evade boredom and get strategies on simple tips on how to improve their lifestyles. This is the major targets among others. Sensitivity analysis comes into play, by coming up with other alternatives, if the mentioned ones will fail to raise the country’s economy. It emphasizes on the positivity of a project, in that, in as much as the set target may not end up been attained, but majority will be left learned, the boredom will be reduced and still will not give up, but continue getting new tips on how to improve the market, so as to sustain the economy. Distribution impacts focuses on monitoring and evaluation. Once the project on free wifi is introduced, it must undergo a process that will help prove if it is meeting the set objectives. Also, if there is any competitive advantage that has been noticed in the economy. In free wifi services, it is expected to attain the set goals of, Enabling people connect to the internet and checking their mails freely, allow people do surfing, which is browsing of all areas of interest, enable people download what they need from the internet and those who love games are given a chance to play and connect to corporate networks. All this with an aim to make people knowledgeable, come up with ways of raising the county’s economy. This process is guided by a framework, which entails, monitoring, evaluation and impact assessment. Impact assessment is structured to meet the set objectives, that is the once the project developers have in mind. The framework begins with coming up with a diagnosis for this case is, free wifi services in all public vehicles. The idea came in after the organization saw it wise to help passengers, be able to connect to the internet and check their mails freely, this would allow people do surfing, also called browsing of all areas of interest, others will be able to download what they need from the internet and those who love games are given a chance to play and connect to corporate networks. All this will be aiming to make people become knowledgeable, enable them to come up with ways of raising the county’s economy. A good example is aiming to allow people, be they students, lecturers, those in businesses or lawyers browse the internet so as to get enlightened. With this in mi, the idea is to help all types of passengers increase awareness in the field of intervention in order to achieve the set limit, of where they would like to see the country in the vision 2030. Planning is the next phase, here; they focus on which measures or steps will be used to make sure that at the end of the set timeframe, which is vision twenty thirty, all public vehicle will have free wifi and the nation will be working towards stabilizing the economy. Also, it is in planning where the set committee is likely to come up with a list of the challenges they are to experience. An example enough funds, is one of the foreseen problem. S o, before starting the project, they are expected to have a budget of how much is expected to be used when it caters for lab our, any destructions if any that may occur, cost of the internet that is known to be very expensive. With this in place, implementation is the next step. From the set example of allowing passengers get through internet at free cost, the government should strive hard to encourage people on the importance of android phone, and work to reduce their prices to affordable rates. This is because majority live below poverty line and not everyone will be able to afford if the rates are still high. Also, phones made from china and do not connect to internet services should be closed and the government should come up with an alternative of trying their best to import phones of quality standard. Then actual evaluation is done. Here, data is collected, analyzed and reported. The organization can decide to do periodic or systematic assessment, to measure how efficient the free wifi is, is it providing quality service to passengers and what is the general outcome so far? That is, focus on people’s opinion since free wifi was introduced in public service vehicles. Later a careful evaluation should be done. This will allow time for rediagnosis and replanning. The organization will measure whether the set goals were attained if some are not, new measures will be set after getting to know, why one or two were not effective. Evaluation is then done to see if the set policies are followed during systematic assessment or were adhered to during periodic assessment. Also, is the organization is key to see if any shops still cell phones from china. If any is caught, serious consequences have to be incurred from the employee and their employers. During this time of rediagnosis and replanning, the organization applies the technique of, decisional rules. This means, the new project of free wifi has not met one or two objectives. The team players decide to convene a meeting with all stakeholders, and decide if there is need to come up with a new employment strategy for those who are practioners in the field of electronics and computer engineers (Campbell and Brown, 2003). This has come up because it has been noted that in some vehicles, the installation was not done correctly and leave passengers unable to access and enjoy free wifi services. For browsing, the government may not have been able to achieve the set goal of closing all shops that may be selling unwanted phones. In part of rediagnosis, this may call for more time, may be at vision twenty thirty, when the year is reached, is when people may be able to see their long term goal attained. Also, the government should liaise with drivers and conductors to set some policies that govern the use of free wifi, and if anyone breaks the rules, they are subject to punishment. It is also wise for the government to collaborate with the media and join hands in funding programs that educate the public on the installation of free wifi, and their set goals so as to work towards achieving the goal of vision 2030. An example of an improved economy, this may take long depending on which resources a particular place has, how the competition is. Different towns or cities have different types of activities, in other cities, people are learned and highly skilled while in others, they are upcoming in terms of technology and for change in economy to be seen, it may take ages because of the variations that must be put into consideration. What was implemented will have to be evaluated at the end of vision 2030to see if the collaboration with the government took effect as planned. For this case, it will be evaluated if the economy has improved or still has some loop holes (Campbell and Brown, 2003). A recommendation will then be written. In case another project comes up, which areas had shortcomings and what are the areas that should be improved. In non market valuation, it focuses on the hardships of trying to identify the benefits and costs of a project, and assumes a number of primary and secondary benefits and costs which cannot be valued directly by market mechanisms In free wifi services, it fails to give adequate prices for installation in a way that the public will not contribute anything and this may leave the country bankrupt in as much as it has a higher target in raising and stabilizing the economy. The project supply may in a way balance the demand of passengers simply because many are learned and computer literate and would love to enlighten themselves with new trends coming in the market. This will help them beat the rising competition but the great setback is, the government will incur the cost alone, waiting for big returns that may end up not been achieved even at the end of vision 2030, an example of economic stability. It may happen because the market is never static. According to Pearce, Atkinson & Mourato (2006), “short comings will still be faced because many individuals and institutions from different parts of cities vary where some may not be familiar with the introduction of free wifi services in public service vehicles.” This will give room for the need of frequent evaluation and prompt intervention in order to consider other means of assessing the true value of why cost sharing is not effected and see if there is need for it With cost sharing in place, the public will be able to use the free wifi to their benefit since at the end of the day, they will be accounting to their subscribed fee. The most appropriate method of market valuation that can be applied in free-wifi services is approximation method (Portney, 2008). This is evident during the installation process, goals are set and the organization is not sure if it will attain them, but through careful analysis that is periodic or systematic is when they are able to measure if the goals were attained or not. In conclusion, in cost-benefit analysis, the benefits and costs must be compared as they are expressed in terms of monetary value and adjusted for the time value of the money. That is why, the students, public and the government is advocating for free wifi services, so as to take advantage of the great percent of the learned nation, where the government comes up with measures to help them access internet services. This will act in a way to improve knowledge in various market centers for those in business, schools or those planning to do business, all with an aim of monetary value by the end of year 2030, so as to have an improved and stable economy. Bibliography Campbell, Harry; Brown, Richard (2003). Benefit-Cost Analysis: Financial and Economic Appraisal Using Spreadsheets. Cambridge University Press Chakravarty, Sukhamoy (2007). "Cost-benefit analysis". The New Palgrave: A Dictionary of Economics 1. London: Macmillan. Pearce, D., Atkinson, G., & Mourato, S. (2006). Cost-benefit analysis and the environment recent developments. Paris, Organisation for Economic Co-operation and Development. http://new.sourceocde.org/9264010041. Portney, Paul R. (2008). "Benefit-Cost Analysis". In David R. Henderson (ed.). Concise Encyclopedia of Economics (2nd ed.). Indianapolis: Library of Economics and Liberty. Read More