Challenge Knowing vs. Doing
A survey of senior IT executives says...
The cost models to support business decisions and alternatives. We develop a "bottom-up’ estimate including generic cost components. Apply cost/benefit analysis to assess project economic feasibility.
- 68% don't compare an IT project's benefits to original targets.
- 74% don't track financial metrics after making an investment decision.
- 80% say lack of financial skills makes quantifying IT benefits difficult.