The cost of development for that application shouldn't be more than 1 billion dollars.
That was a more or less formal announcement for the development of an application necessary to compute the salaries for the employees of the federal government of Canada.
Despite this being a huge amount, It doesn't really look like it. Perhaps because of the "1" appearing before the billion. If the announcement would have been "The cost of development for that application shouldn't be more than 990 miillion dollars, perhaps the general population would have been more shocked. Even if in fact 1 billion dollars is more than 990 million dollars.
1 billion dollars is equivalent to a thousand time 1 million dollars or 10 000 times 100 000 dollars. Those amount let us realize how big 1 billion dollars really is. even with those examples we don't really realize how big 1 billion dollars really is because we only have numbers without details. Let me do some suppositions on how those amounts will be used.
Let's say one part of that amount will be used to buy and install computers. and other related tasks. 200 million dollars will ne necessary for that. Let's also presume that 50000 computers will be installed. We can now say that it will cost 4000 dollars per computer. This leaves us with 800 million dollars for the development of the software.
Let's say that 300 persons will be working on this project and that it will last three years. Let's say that some will earn more than others. 240 persons will share a total of 600 million. This means 200 millions per year. 60 persons will share 200 millions, a little more than 66 millions per year.
240 persons receiving 200 millions per year. This means a little more than 833000 dollars per person. We will suppose that they will be working 50 hours per week.
So 52 weeks * 50 hours = 2600 hours worked per year.
833000 dollars / 2600 hours
320 dollars per hour worked..
60 persons getting 66 millions per year. This means a little more than 1 million dollar per person.
1.1 million dollars / 2600 hours
426 dollars per hour worked..
So now we have a much better idea of what 1 billion dollars represents.
50000 computers to install at a cost of 4000 dollars per computer.
During 3 years 60 persons working 50 hours per week will get 426 dollars per hour.
During 3 years 240 persons working 50 hours per week will get recevront 320 dollars per hour.
Not sure if we will ever have access to the détails. I guess not because it could become scary very fast.
Believe it or not there are other web sites beside Facebook, YouTube, Twitter and LinkedIn ;-)
Your time is precious. It's for that reason that you stick with certain web sites and you don't really have the time to explore what could be interesting elsewhere. The next time you have 3 minutes to spare, you should visit an interesting web site.
Are you curious?
For example, would you like to know how many computers have been sold in the world so far?
Or would you rather know how many intelligent cell phones have been sold in the world so far?
That's the kind of information you will get to those and many other interesting questions. You probably noticed the words "so far" in the example questions. It's because the informations that you will get are in real time. This means that you will see the numbers grow while you look at them.
That web site is :
Would you like to share? Do you have a web site you find interesting and unusual?
Do you like our initiative? Would you like us to let us know about those kind of sites in the future?
Please leave your comments.
Are your personal informations on the internet secure?
It`s sad but eventually a person or a criminalized group could try to have access to your personal informations on the internet. It could be a person you already know, for example a former employee that have an intent to cause harm to you. Or it could be a person that wants to have access to your financial informations.
There used to be a time when to have access to your personal informations on the internet, you only had to specify a password. But this is not enough anymore. Now we have to select one or more questions and what answers we want to go with those questions.
For example we have to pick to what question we will have to answer when we connect to a web site. The questions could be :
What is your favorite destination in Europe?
What is your favorite restaurant?
What is your favorite color?
If the person that tries to have access to your informations doesn't know you, the question that you will pick is not really important. But if that person knows you and also knows that you really liked your previous trip in Italy, then that person will probably select to give an answer to that question when trying to get your informations. It's for that reason that you should pick a question that really concerns you the less.
You could select the question "What is your favorite color?" and the answer to that question shouldn't make sense at all. For example your answer to that question should be "Kitchen". Now that could be a secured password combination.
The downside here is that you will have to find a way to remember these security informations. Never take security lightly. For example never use "1234" for a password. You could regret this eventually.