roi for it projects
1) What is ROI for IT projects? ROI stands for return on investment, and is performed on IT projects as a quantitative analysis of the monetary return you expect to receive, based on the amount you invested on a given information technology project. It is important to understand that when projecting ROI for an IT project, you must incorporate a great deal of “common sense, professional judgment, quantitative modeling, and strategic perspective”, in order to arrive at an accurate ROI projection. ... ROI matters, because it is a measuring point, a barometer if you will, that signifies if a given project is worth undertaking and completing.