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ROI Calculator
Please enter your estimates in the yellow box for the information requested below:
How many projects does your company typically complete in a year?
Approximately how long does it take the team to complete a typical project (in hrs)?
How many engineers are in your team?
Average hourly cost of an engineer?
Important: Please enter values for all 4 yellow boxes or the calculations on the following tabs will be incorrect.
Please estimate what percentage of each project is typically spent on each of the following stages:
Project Stages: Percent
1 Initial planning drawings
2 Design and drafting
3 Library creation
4 Report/Label creation
5 Entering cables in database or spreadsheet
6 Entering equipment in database or spreadsheet
7 Billable customer-driven change orders
8 Non-billable customer-driven (or management driven) change orders
9 Changes from mistakes
10 Review drawings for undocumented changes
11 Making drawings consistent in look and structure
12 Duplicated effort
13 Trouble-shooting install issues
14 Complying with CAD standards or project documentation requirements
15 Total
Summary of current project practices and potential savings per project and year of implementing VidCAD.
Project Stages: Percent Time/
Project 		Time/
Year 		Cost/ Year VidCAD Benefit VidCAD Time/ Project VidCAD Time/ Year VidCAD Cost/ Year
1 Initial planning drawings 50% reduction
2 Design and drafting 50% reduction
3 Library creation 80% reduction
4 Report/Label creation 75% reduction
5 Entering cables in database or spreadsheet Eliminated 0
6 Entering equipment in database or spreadsheet Eliminated 0
7 Billable customer-driven change orders 50% reduction
8 Non-billable customer-driven (or management driven) change orders 50% reduction
9 Changes from mistakes 50% reduction
10 Review drawings for undocumented changes 20% reduction
11 Making drawings consistent in look and structure 90% reduction
12 Duplicated effort 90% reduction
13 Trouble-shooting install issues 20% reduction
14 Complying with CAD standards or project documentation requirements 50% reduction
15 Total
(Please note, the time savings benefits of VidCAD are based on the assumption that all VidCAD users will be trained on the use of VidCAD in order to achieve a certain level of proficiency, and it is also assumed that all projects will be completed in VidCAD.)
Time Saved (hrs) per year, per engineering team
Estimated Money Saved per year, per engineering team
Additional projects that could be completed per engineering team in a year with the time saved*
*This VidCAD ROI tool mainly looks at savings based on time and cost, but the number of additional projects that could be completed in a year is a useful number to fairly easily project the amount of revenue increase a company could expect to realize by implementing VidCAD.
This is an estimate of potential savings your company could realize by implementing VidCAD.
Year 0 Year 1 Year 2
VidCAD (software, AutoCAD OEM and training, per engineer) and Premier+ Mastermind Membership
Lost time for engineer in training (40 hours) $0 $0
Hotel, Travel and Per Diem (for training) $0 $0
Savings due to increased productivity
Total
(Please note, the estimated purchase price could change at any time, and may not exactly match a quote you have received for purchasing VidCAD, it is an example only. It is assumed for the purspose of this savings calculator that a license of VidCAD is purchased for each engineer. It is also assumed that travel will be to the training in NM from another point of origin in the USA.)