Justifying investments in individual it projects

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On the surface, justifying investments in individual IT projects (and selecting among competing projects) in your company is fairly straightforward. Every project requires financial justification; the projects with the best numbers (e.g., based on ROI, IRR, payback period) are the ones that get funded. Your boss, the CFO, is a member of the committee that evaluates IT project proposals and sets funding priorities. In a note to your boss, explain what (if any) limitations you see with this approach, and (if appropriate) provide an overview of an alternative approach that you believe could lead to better outcomes for the company.

Maximum length: 300 words

Reference no: EM133087206

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