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For Business Process Professionals

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August 4, 2008

The Total Economic Impact™ Methodology: A Foundation For Sound Technology Investments

by Chip Gliedman

with Jon Erickson, Lauren Hughes, Sharyn Leaver

Average:
(18 ratings)

This is an excerpt

Executive Summary

Underlying any investment is the ever-present question of "What am I going to get for my money?" To answer this question, Forrester developed the Total Economic Impact™ (TEI) methodology. TEI provides a rigorous cost and benefit analysis framework that explicitly incorporates an evaluation of future technology and business flexibility and associated risk. Business process and applications professionals should use TEI to better align technology decisions with business needs, boost project success rates, understand and mitigate risks, and ultimately accelerate business growth.

TABLE OF CONTENTS

  • Traditional Business Cases Lack Completeness
  • Four Elements Of TEI: Benefits, Cost, Risk, And Flexibility

RECOMMENDATIONS

  • Use TEI To Justify And Communicate Investment Choices
  • Related Research Documents

This is an excerpt

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