(Length: 11 pages)

December 13, 2004

A Disciplined Approach To Quantifying Technology Benefits

by Jon Erickson, Lauren Hughes

with Norman Forbush


Executive Summary (This is a document excerpt)

Nearly three-quarters of companies recently surveyed by Forrester quantify the anticipated benefits for new technology investments in financial analyses. However, only 14% believe that their estimates are very accurate. Benefits are often more difficult to value than costs, and frequently less rigor is put into benefits estimates. Without accurate estimates of both costs and benefits, suboptimal investment decisions are likely to be made. Forrester offers guidelines and best practices to improve accuracy in valuing technology benefits.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemSteps To Improve Accuracy In Benefits Estimates

itemGuidelines To Quantify Tangible Benefits

recommendations

itemMore Science And Less Art

itemSupplemental Material

Forrester conducted an online survey of 269 North American IT investment decision-makers. Forrester also conducted in-depth follow-on interviews with 11 respondents from an online survey.

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Analyst: Jon Erickson, Lauren Hughes
Technology: IT Management, IT Spending & Budgeting, Serving the Business
Geography: Asia Pacific, Europe, North America

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Ratings and Comments
Rating: 9 out of 10
based on 3 ratings across all roles.
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