We’ve all tried to justify a project by calculating ROI, Return On Investment. But how many of you re-calculate ROI after the project has been completed? Afraid it might not be worth it? Embarrassed? ROI: Why Don’t More CIOs Measure ROI After a Project Is Up and Running? is an article providing insight to this subject.
It seems like a no-brainer: After putting in all the time and effort required to see if an IT investment will produce a worthwhile ROI, surely it’s logical to find out whether you’ve actually received it after the project is over. Yet only 46% of companies calculate the ROI of an IT investment after projects are completed.One reason: It’s hard to act on logic when fear gets in the way. If managers are afraid they’ll be embarrassed, or put at risk if they miss their ROI numbers, they won’t be eager to follow up.
from: CIO Insight.
