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Justifying Technology Investments

January 27, 2010 Geneva Cost: 1975

Here's a Workshop that will bring significant credibility to your IT organization and help you justify your technology investments.

More than 70% of organizations build business cases based on unrealistic gains for their business, Forrester has found most organizations do not have consistent, repeatable process behind their business case numbers. Many organizations do a fair job of grasping technology costs in general, but find it very challenging in quantifying benefits (especially intangible benefits), and then understand the magnitude of the business impact from the technology investments. In addition, organizations are not quantifying risk factors or calculating the future flexibility option from a technology investment.

• CIOs and staff; directors of IT; PMO staff; finance support of IT; project/program managers; and anyone else involved with creating, approving, prioritizing, and communicating the financial value of technology investments
• CIOs may want to send staff members who are responsible for improving their business case justification processes.

Hundreds of organizations have already benefited from attending this interactive one-day workshop. Gain an understanding of the fundamentals of building effective business cases for technology investments, applying Forrester's well-known Total Economic Impact™ (TEI) framework and methodology. Forrester analysts teach you how to:

• Build sound, consistent business cases within your organization using a 10-step process, with 30 days of follow-on phone support from the Forrester Workshop instructor.
• Understand important financial concepts used to value technology investments.
• Identify and quantify those elusive business benefits.
• Quantify a project's risk factors and future strategic flexibility options.
• Communicate the value of technology to business stakeholders and management.
• Apply your learning in exercises and a case study.
• Build an action plan to incorporate an improved, consistent technology business case process within your organization.