How to Improve the ROI of Your Software Investments
Doing things on time and on budget – it does NOT matter if thethings you are doing are the wrong things. Before doing things the correct way,it’s of vital importance for an organization to secure that the portfolio,projects and activities are aligned with company strategy and that it’sprioritized correctly to secure most possible value from a company’s limitedresources.
One of the biggest challenges is to make the best compromisesbetween contradictory projects and activities. For an organization to beeffective and “best in class” great decision making is a must.
Effective solutions can secure that you projects and yourportfolio is aligned with company strategy and business objectives. Further youcan continue the work with the portfolio to secure that the corr
Once the correct decisions are made (decisions made based onobjective and relevant information and not gut feel or loudest voice) effectiveexecution of the project becomes the critical part and equally important to theselection of the investment itself in achieving value to the business. Thisrequires accurate, timely and actionable information to properly evaluate andmeasure the performance of a project—determining project success or failure.
· Develop avalue-driven process for evaluating software investments
· Create a roadmapto the vision and set the right expectations
· Strengthen andoptimize project execution
· Transform theway you define and deliver value with IBM Rational solutions
In the following whitepaper you can read more about the five tipsIBM provides on how you can improve the ROI ofyour software investments and ask yourself the question: Do you considerdoing things the correct way enough in your organization, or is it time tostart focusing on doing the right things as well?
About the authorJohan Hedström is a Business Planning & Alignment (PPM/EA) GTM market manager in IBM Rational Software. Johan has several years of experience working in collaboration with customers and partners around projects relating to portfolio management and product management. He also holds a masters degree in marketing and if you need to reach him it will have to be in Sweden where he lives but can of course also be reached at e-mail: joha