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Introduction

Many IT projects have a low or negative ROI and are difficult to promote to the project prioritization committee. Ovum offers an IT project prioritization method that uses the strategic contribution of a project given current operational conditions.

Highlights

  • Strategic contribution, accounting for current operational conditions, is a better way of prioritizing IT projects
  • ROI and risk are often inappropriate measures of an IT project's value to the organization.

Features and Benefits

  • Understand how to prioritize IT projects in a way that makes sense and promotes wise decisions.
  • Understand a prioritization method that allows for difficult IT projects to gain currency on the prioritization list.
  • Introduces a new lexicon for informed discussions and decisions around IT projects

Key questions answered

  • How do I prioritize compliance projects?
  • How do I prioritize IT projects with no ROI?
  • How do I get truly strategic projects on the agenda?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Recommendations

  • Recommendations for enterprises

Standard prioritization processes do not favor IT

  • ROI is an imperfect prioritization criterion for most IT projects
  • Risk is an imperfect prioritization criterion for most IT projects

Prioritizing IT projects requires strategic and current operational links

  • Introducing strategic utility to the prioritization lexicon
  • Evaluating strategic contribution
  • Positioning projects using the five-layer model.

Appendix

  • Methodology
  • Further reading
  • Author