This article was originally featured on Hewlett Packard Enterprise’s website here.
WRITTEN BY ALAN PATRICK FOUNDER AND CXO, AGILE ELEPHANT
Providing an accurate estimate of the value of a new project, product, or service is vital. Here are some fairly simple estimation techniques that can help you.
When we work with clients on their digital transformation plans, a common obstacle is the need to build a business case for the project by calculating an acceptable return on investment (ROI).
This task is especially difficult with new technologies. After all, digital transformation often means estimating potential benefits from something that’s never been done before, using relatively untried technologies.
Whether the project is a small divisional one or a companywide program, at some point ROI matters, usually to make a business case for more funding or drive a rollout. (more…)