Cost Benefit Analysis
Reflecting Ongoing Corporate Change in CBA's
What is dynamic cost benefit analysis?
By linking key performance indicators to project investment portfolios,
ITCentrix automatically updates CBA's when corporate forecasts
are revised. Revenue, headcount, salary budgets, change in IT strategy,
levels of automation competitive rates of change and alternative
customer-facing strategies will all impact CBA projections. This
becomes especially important for investment portfolios that evolve
over longer periods of time.
We've observed that organizations don't scrap existing
infrastructure and build each new initiative from scratch...rather
they co-opt existing structures and adapt them to new market realities.
Adaptations involve compromises. Each part of the organization
has a job to do that may or may not be in harmony with the new
ITCentrix provides the industry's first software solution
that allows organizations to evaluate different investment alternatives
in the context of the existing (and future) organizational parameters
How we fit into your existing project selection processes...
ITCentrix software is designed to complement existing organizational
processes and streamline the Strategic Planning, Governance and
ongoing Portfolio Management of investment projections from concept
to end of life:
- Concept - Idea phase where managers make broad estimates
of an investment’s potential and answer the question – “is
this investment worth considering?"
- Concept Testing - Background
research phase where the idea is discussed with colleagues,
partners and customers to flesh
out the requirements of the proposed investment.
- Cost Benefit
Analysis - A business case is developed with one time
and ongoing costs and benefits with projections
of the investment’s performance over time.
At this point, the project will compete with other
approval and advocates will zealously vie for their proposals.
and Funding - An investment is selected and management
funds the effort. The idea goes into project mode
and the lifecycle of the investment begins:
Throughout the investment cycle, ITCentrix links CBA’s to
corporate forecasts and enables changes to be reflected in the
investment portfolio, dynamically.
To learn more about how Dynamic
Cost Benefit Analysis can adapt within your investment selection