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Resources for Effective IT Investment Management

The “IT Investment Management” category is a crucial resource for CIOs, IT executives, and technology leaders, offering a collection of articles and documents focused on IT investment management strategies, techniques, and best practices. As part of our CIO Reference Library, this category aims to help IT leaders effectively plan, prioritize, and manage IT investments, ensuring alignment with business objectives, effective risk management, and resource optimization.

By exploring this category, you will gain insights into:

  • An overview of IT investment management principles, concepts, and methodologies, as well as their significance in driving strategic value and delivering competitive advantage for the organization
  • Best practices for developing IT investment strategies, including IT portfolio management, investment prioritization, and risk assessment techniques
  • Techniques for managing IT investments throughout their lifecycle, from initiation and planning to execution, monitoring, and evaluation
  • The role of IT governance, risk management, and compliance (GRC) initiatives in guiding and improving IT investment management practices
  • The importance of integrating IT investment management with other IT management disciplines, such as IT service management, IT financial management, and IT project management
  • The impact of emerging technologies and trends, such as digital transformation, cloud computing, and data analytics, on IT investment management strategies and practices
  • Case studies, success stories, and lessons learned from organizations that have effectively managed their IT investments to drive IT performance and business value

By staying up-to-date with the latest IT investment management resources, CIOs and IT leaders can make informed decisions that help their organizations achieve strategic goals and maintain a competitive edge. Visit this category regularly to discover new content and resources that will provide valuable insights, practical guidance, and proven methodologies for managing IT investments, enabling you to drive value and success in your organization through effective IT investment management practices.

How to Develop a Business Case for IT Investments

This business case guide provides a template for managers to seek approval and support for IT investments. It provides the steps in the analysis required to ensure that IT investments are planned and documented – requirements are defined, performance metrics are identified, and program costs, benefits, and risks are well defined and understood prior to initiating an IT project.

IT Investment Business Case Guide

This guide focuses on creating a business case for a generic project peripheral to an IT investment. The guide helps understand what a Business Case is, when and how one should be produced, what should be included, as well as some of the tools and techniques that may be used to develop a Business Case. (100 pages)

Business Case Guide for IT Investments

This guide helps develop a business case for IT investments. It provides a structure for the decision-making process, and for presenting this information in a way that makes decision-making easier, and help secure commitment and engagement across the organization and ultimately lead to a greater chance of success for the project.

Guide to Business Case for IT Investments

This in-depth guide provides the process, templates, and guidance to create a business case for investments. The excellent discussion goes beyond financial considerations to include critical non-financial issues to consider when funding an investment. The emphasis is not on fulfilling an administrative mandate for approval of investments but to genuinely understand what it takes for an investment to succeed based upon fact and evidence. Excellent Read! (200 pages)

Introduction to REJ

This presentation provides an introduction to Microsoft's Rapid Economic Justification (REJ) methodology.

Program Business Case Template

This template helps build a business case for a specific program for an IT Investment – a temporary, time bound, flexible arrangement established to coordinate, direct and oversee the implementation of a set of related projects and activities in order to deliver outcomes and benefits. Related Guide: Creating a Program

Implementation Business Case Template

This business case template helps build a justification for proceeding with implementation – an implementation business case provides justification for a particular implementation approach/solution for an IT investment – the primary purpose is to recommend a solution that maximizes the return on investment. Related Guide: Creating an Implementation Business Case

Business Case Guide: Structured, Phased Approach

This in depth business case guide provides a structured and results driven approach and framework for all stages of the business case process. The guide is for capital intensive projects and can be adapted to technology specific business cases. (200 pages)

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