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Understanding of the term return on investment

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Reference no: EM132314100

Short discussion board answer

Your company wants to develop special resources for project managers in its new project management office. There are many approaches to financial analysis of prospective projects. Having an idea of how project budgets can be created and controlled by upper management is essential to harmonizing efforts across the company. 

  • As a project leader, demonstrate your understanding of the term Return on investment (ROI).
  • How would ROI influence a go or no-go decision on Enterprise Resource Planning (ERP) projects?
  • What are some of the disadvantages of using only Return on investment (ROI) to estimate the benefits of a new project? 

Reference no: EM132314100

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