If you’re like most enterprises, you have a backlog of IT initiatives lined-up on the heels of your work-in-progress. You may also have some new pressure to take a harder look at costs and potentially trim or re-prioritize your WIP and your backlog.
So how do you decide what stays and what gets put on hold (or cancelled)? And for what stays, how do you re-order your efforts to make sure IT is delivering the best return on investment?
As we mention here, ROI (including TCO) analysis is a good acid test for IT projects, but it’s not the only ingredient nor the primary consideration for green-lighting or keeping an initiative – especially a Strategic Systems initiative (one that will give you a competitive advantage in the market).
Here are some of those other ingredients that you should use: