By Wallin H.

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The vast majority fit somewhere in the middle. Stipends: Some organizations offer small stipends to employees on a monthly basis. The amount is typically between $40 and $70 per month. Some organizations offer a variable rate dependent upon job function. For the most part, the stipends are to be used to cover the data plan, although the voice plan is also sometimes covered. Expense back: Some organizations have opted to permit employees to submit expense forms for the cost of services. Like stipends, most organizations will expense back just the data plan, with some opting 13 14 • Bring Your Own Devices (BYOD) Survival Guide to also permit expense back of the voice plan.

2. 3. 4. 5. 7 Risk and cost-benefit analysis. Task 1—Aggregate the Cost Estimate A complete and valid cost estimate is critical to determining whether a specific alternative should be selected. It also is used to assess how much funding must be requested. Understating cost estimates to gain approval, or not considering all costs, may create doubt as to the veracity of the entire analysis. An inaccurate cost estimate might lead to cost overruns, create the need to request additional funding, or reduce scope.

38 • Bring Your Own Devices (BYOD) Survival Guide Task 2—Prepare Budget Justification Documents Many organizations require comprehensive analysis and justification to support funding requests. Significant benefits 4. Full consideration of alternatives After completion of the VMM, one will have data required to complete or support completion of budget justification documents. Task 3—Satisfy Ad Hoc Reporting Requirements Once a VMM model is built to assimilate and analyze a set of investment alternatives, it can easily be tailored to support ad hoc requests for information or other reporting requirements.

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