Between November 2002 and January 2003, the State of North Dakota and the North Dakota Higher Education system conducted a detailed analysis of the estimated costs and benefits of the ConnectND project. That analysis gathered information and developed 10-year projections on total implementation and operating costs for the project. Information was also collected on the costs to operate existing systems (legacy systems) and that too was projected out 10 years. The project team interviewed members of the ConnectND team, departmental and higher education staff to determine the types of benefits that were expected from the project and how those benefits would return value to the state and the higher education system. At the conclusion of that analysis, a report was published titled "The Value of ConnectND. A key element of that report was a Return on Investment or ROI. This is an update of that earlier report.