A roadmap of financial measures for IT project ROI

by: JN Morgan

IT Professional, Vol. 7, No. 1. (2005), pp. 52-57.

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Abstract

Organizations have spent billions of dollars in implementing and subsequently repairing, removing, or altering enterprise-wide IT systems for managing finances, customer relationships, human resources, manufacturing resources, and supply chains. Of all IT systems, those for enterprise resource planning (ERP) are among the most difficult to implement. These products provide turnkey automated processes while sharing common data across an organization. Unsuccessful or grossly underestimated efforts to implement ERP tools have resulted in massive financial failures and corporate process disarray for many organizations. Various financial techniques can help organizations select the right projects and better manage the implementation of enterprise systems. The roadmap describes key practices in the fields of financial management and quantitative analysis.

@article{citeulike:1830221, abstract = {Organizations have spent billions of dollars in implementing and subsequently repairing, removing, or altering enterprise-wide IT systems for managing finances, customer relationships, human resources, manufacturing resources, and supply chains. Of all IT systems, those for enterprise resource planning (ERP) are among the most difficult to implement. These products provide turnkey automated processes while sharing common data across an organization. Unsuccessful or grossly underestimated efforts to implement ERP tools have resulted in massive financial failures and corporate process disarray for many organizations. Various financial techniques can help organizations select the right projects and better manage the implementation of enterprise systems. The roadmap describes key practices in the fields of financial management and quantitative analysis.}, author = {Morgan, J. N. }, booktitle = {IT Professional}, citeulike-article-id = {1830221}, journal = {IT Professional}, keywords = {cost, estimation, finance, roi}, number = {1}, pages = {52--57}, posted-at = {2007-10-27 22:02:54}, priority = {2}, title = {A roadmap of financial measures for IT project ROI}, url = {http://ieeexplore.ieee.org/xpls/abs\_all.jsp?arnumber=1407807}, volume = {7}, year = {2005} }

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TY - JOUR ID - citeulike:1830221 L3 - citeulike-article-id:1830221 TI - A roadmap of financial measures for IT project ROI T2 - IT Professional JF - IT Professional VL - 7 IS - 1 SP - 52 EP - 57 N2 - Organizations have spent billions of dollars in implementing and subsequently repairing, removing, or altering enterprise-wide IT systems for managing finances, customer relationships, human resources, manufacturing resources, and supply chains. Of all IT systems, those for enterprise resource planning (ERP) are among the most difficult to implement. These products provide turnkey automated processes while sharing common data across an organization. Unsuccessful or grossly underestimated efforts to implement ERP tools have resulted in massive financial failures and corporate process disarray for many organizations. Various financial techniques can help organizations select the right projects and better manage the implementation of enterprise systems. The roadmap describes key practices in the fields of financial management and quantitative analysis. KW - cost KW - estimation KW - finance KW - roi AU - Morgan, JN PY - 2005/// UR - http://ieeexplore.ieee.org/xpls/abs_all.jsp?arnumber=1407807 ER -

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