Chapter

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.

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)

Post Project Evaluation Guide

This in depth guide to post project performance provides a structured approach and framework to assess the performance of a capital investment in operation. This assessment is a critical component of any business case evaluation because it can save not just money but also potential disasters for an organization. (150 pages)

Creating a Program Business Case for an IT Investment

This guide helps build a business case for a specific program – 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.

Creating a Preliminary Business Case for an IT Investment

This guide helps build an initial or indicative business case for an investment. This business case established the strategic context of the proposed investment, confirms the need for a solution to a business problem, recommends an approach with a list of viable options, and gets approval for further analysis to

Creating a Business Case for an IT Investment

This guide helps create a business case for an IT investment. This business case establishes the strategic context and fit, confirms the case for change, identifies the investment option that maximizes business value, prepares a proposal for procurement, and seeks the necessary funding and management approvals for successful implementation.

Strategic Assessment of Investment Proposal

The Strategic Assessment is intended to provide stakeholders with a high degree of confidence that the investment they are considering aligns with the organizations strategic priorities and responds to a true business need. Stakeholders can consider the rationale for a proposed investment at an early stage, and determine if the proposal warrants the development of a business case.

Benefit Assessment of Investment Proposal

This document discusses benefit assessment of an investment proposal. Benefits management is vital in ensuring that an initiative achieves what it set out to do. It involves articulating what benefits are expected from the initiative, how it will be known that the benefits are achieved, and the assessment of what has eventuated against what was planned. Managing benefits extends beyond the lifecycle of a project or program. It requires a structure that survives long after the project/program team has disbanded.

Creating a Detailed Business Case for an IT Investment

Dive into this comprehensive guide on crafting the definitive business case for your IT investments. Prioritize ROI, secure executive support, and align your tech initiatives with overarching organizational goals.

Better Business Case Overview

This business case framework and approach is designed to improve the outcome of major investments using a structured approach that integrates disciplined decision making with program management and assurance. This approach provides an intuitive process to ensure key aspects of an investment proposal are considered and supported and a standard communication tool for engaging key stakeholders throughout the lifecycle and the various decisions at key points along it.

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