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PPM for Internal Departments
PPM for Internal Departments
A business practice that assists organizations to align their portfolio of projects with their business strategy. Typically IT departments employ an IT governance framework to ensure that their PPM...
 

 investment decision making it

Product Development and Portfolio Management RFI/RFP Template

Corporate Objectives Definition, Portfolio Definition, Product Investment, Product Investment Scoring, Portfolio Balancing, Product Investment Monitoring, Application Technology Get this template

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PPM for Internal Departments
PPM for Internal Departments
A business practice that assists organizations to align their portfolio of projects with their business strategy. Typically IT departments employ an IT governance framework to ensure that their PPM...

Documents related to » investment decision making it

IT Investment Decision Making: Getting to "Yes"


Many technology sales cycles get bogged down in the IT department. But while it is unlikely that a sale will get anywhere without IT management buy-in, IT approval is no guarantee of success. Getting a “yes” requires accessing and influencing other decision-makers, especially in the finance department. And along the way, there are plenty of others who can say “no.”

investment decision making it  Investment Decision Making: Getting to Yes Getting to “yes” requires accessing and influencing other key decision makers especially those in the finance department. And along the way, there are plenty of others who can say “no” Source : Quocirca Ltd Resources Related to IT Investment Decision Making: Getting to Yes : Information Technology (IT), (Wikipedia) Decision Making (Wikipedia) IT Investment Decision Making: Getting to Yes Investment Decisions is also known as : Investment Read More

Aligning Business with IT through IT Portfolio Management and IT Governance


When business uncertainties are frequent and compliance with regulations is mandatory, it can be a challenge to keep information technology (IT) synchronized with strategy for maximum business value—while reducing IT cost. An IT portfolio management framework, coupled with an IT governance framework, can provide visibility into projects and IT assets, keeping them aligned to business objectives at all times.

investment decision making it  out the return on investment and the risks involved. Figure 1: IT decision maker view of the application landscape The typical IT landscape of most large organizations (as shown in Figure 1) represents a portfolio of applications that has over time, become large and unwieldy to monitor. As a result, most organizations often find it difficult to give information that is vital for ensuring alignment of business operations with IT. For instance, organizations often find it difficult to identify: which Read More

Employee Performance Management: Making It a Reality in Your Organization


Over 90 percent of human resources (HR) professionals rate employee performance management (EPM) as a top priority. Yet considerably fewer have EPM systems deployed within their organizations, mostly because of concerns about presenting a persuasive case for such projects to executive management. However, a structured approach to selecting, planning for, and implementing an EPM solution can help alleviate those concerns.

investment decision making it  a strong return on investment which will be discussed further in this paper derives in large part from the requirements defined at this early stage. The following points indicate the kinds of''pains'' organizations typically face with respect to managing employee performance: Lack of goal alignment Employees are not focused on organizational priorities, wasting effort Inefficient appraisal process Employees and managers spend too much time on appraisals rather than main business functions HR spends too Read More

Is ROI King In Evaluating IT Investments? Part 1. Should We Make the Investment?


IT managers should recognize that cash flow measurements are being increasingly used to evaluate IT investments, even though initial estimates of cash flows from IT projects are often hard to determine because underlying business assumptions can change. IT veterans all know that reconciling IT investments to the bottom line has been problematic.

investment decision making it  criteria now governs IT investment decision making. For accountants, Return on Investment (ROI) is measured by the impact an investment will have on cash flows. Simply stated, investments that result in increased net cash flows (returns that exceed the cost of the initial investment) are the ones that businesses want to make. Companies often establish cash flow improvement thresholds using one of two financial analysis tools: NPV (Net Present Value) tells you how much richer in terms of dollars you will Read More

A Case Study and Tutorial in Using IT Knowledge Based Tools Part 1: Decision Support Discussion


In going through a business decision process for complex technology selections, more and more use is being made of technologically driven processes using Decision support tools and captured knowledge. The use of these systems and the capability to drive a solution from them assumes an ability to accurately express business requirements and business value within these tools. In this article, we explore the marriage of knowledge management and decision support in forming knowledge based selection systems and procedures that can assist in reducing the current appalling record of IT project failures. This is illustrated by the process to select a Personal Digital Assistant (PDA).

investment decision making it  $30 billion in wasted investment annually. On the vendor side, the challenge of educating the potential client of their offerings results in long sales cycles, meticulous and numerous RFI responses, and potential for a mismatch, resulting in projects that can go awry. These failed projects do not bode well for the vendor, since the sales cycle costs can only rise, and their reputation can suffer. Consequences can be more severe for the client where it can, in extreme cases, lead to business failure. For Read More

IT Service Management-A Road Map for Success


Although information technology service management (ITSM) is not a new discipline, many organizations have yet to adopt it as a part of their IT service improvement strategy. To be successful, businesses must start by building a custom road map. Read about how focusing on long-term, strategic objectives—including a realized return on investment (ROI)—can greatly improve your IT service delivery and support.

investment decision making it  a realized return on investment (ROI)—can greatly improve your IT service delivery and support. Read More

Drink-IT


Drink-IT® is a modular software suite that is intended mainly for producers and distribution centers in the beverage industry, such as breweries, specialized beverage wholesalers, and beverage producers. Drink-IT enables them to cover all enterprise resource planning (ERP) and customer relationship management (CRM) processes in one integrated solution. Drink-IT enables companies to make informed decisions in production and quality management, logistics, sales, and promotions, and helps them manage the legislative aspects of this industry. Drink-IT is globally available and already implemented in more than 80 beverage companies in 30 countries. Drink-IT has more than 3,000 users worldwide. Drink-IT is built on the platform of Microsoft Dynamics NAV2013 R2. This means that the solution is perfectly compatible with all other Microsoft applications and can therefore be integrated seamlessly into almost any existing business environment. Drink-IT has received the status of “Certified for Microsoft Dynamics NAV.” This signifies that Drink-IT has met Microsoft’s highest standard for partner-developed software.

investment decision making it   Read More

Columbus IT


Columbus IT is a global technology consulting and software development company dedicated to improving your operations. You can count on Columbus for low risk implementations of ERP, BI, and CRM systems and faster ROI. At Columbus, software development is not an afterthought – you get the benefit of an entire division that is completely focused on the development of high quality industry solutions. Underscoring our leadership in the industry, we have been recognized as ‘Global Partner of the Year' by Microsoft. Choose Columbus IT for our proven ability to get the job done right – and for our people who have the highest level of integrity, respect and trust.

investment decision making it  AX,BI,consulting,CRM,customization,ERP,implementation,Microsoft Dynamics,NAV,software development Read More

Proactive IT Managers Can Make a Difference


IT managers, under increasing pressure to align their activities and spending with the strategic objectives of the enterprise, need to find new ways to raise the awareness of IT opportunities throughout the enterprise. This paper presents a framework for IT managers to use as a foundation to their planning processes and as a basis for influencing enterprise strategic planning.

investment decision making it  resulting high return on investment (ROI) projects are in the Service/production interface with buy side supply chain Service/production interface with sell side supply chain Service/production interface with corporate enterprise Corporate enterprise interface with buy side supply chain Corporate enterprise interface with sell side supply chain From an IT point of view, these interfaces should be examined with the following questions in mind: Are the appropriate data elements available to exchange Read More

Pund-IT, Inc.


Pund-IT provides analysis publications including market trend reports, white papers, commentary on breaking events, and a weekly newsletter. The company was founded by principal analyst Charles King.

investment decision making it   Read More

Making Technology Pay


The one thing you can count on today in business is change, whether it’s customers, business models, or the pace of business. To manage change, companies rely on technology. But the most effective management control and optimization of company performance can be achieved only if you have the right systems. Discover how an integrated system can help you manage data and make better decisions, for a more successful company.

investment decision making it   Read More

Is ROI King In Evaluating IT Investments? Part 2. Measuring the Impact of IT Investments


If the underlying business assumptions change, the cash flow projections may be critically flawed but the KPI’s can still be relatively reliable indicators of the impact of an IT project. In the long run, IT project KPIs may be the best indicators for IT managers to use in evaluating the results of their IT investments.

investment decision making it  financial analysis of technology investment is, Technology investments can impact organizations in many ways. When we can associate operational metrics with technology investments we have another tool to measure if we are getting positive results. Here is a hypothetical example of how operational metrics or Key Performance Indicators (KPIs) might be associated with the cash flow projections for an IT project. A company plans to install Radio Frequency/Bar Coding in its main warehouse. The project''s Read More

Red Hat Summit 2014: Open Source at the Forefront of IT


For Red Hat, the recent summit that took place in California was special in many instances. It marked the 10th anniversary of the Red Hat Summit and the celebration of a company that has for more than 20 years been a key contributor, consolidator, and promoter of open source technology in the enterprise, and is now a key player in the software and IT industry in general.

investment decision making it  Red Hat, Red Hat Summit, IT, IT deployment, open source, enterprise IT, cloud, Linux, Docker, Read More

What's Wrong With Application Software? - A Possible Solution? What Is It, Why And How Does It Fit Into Your Future


The series, 'What's Wrong With Application Software' explored key challenges found in enterprise applications and also discussed the characteristics of next generation architectures that would provide better support for applications. Once such solution, model based architectures, deserves to be on an enterprise's 'technologies to watch' list.

investment decision making it  ripping out the current investments in applications that most companies have made. It is a tool that leverages existing applications and fills in the cracks that exist in your business processes. When combined with business process components written with Model Based Architectures, it allows for the efficient construction of complex applications. Summary and Recommendations In many ways, the ideas behind Model Based Architectures are not new; many approaches to technology share a lot of of the same basic Read More