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Tutorial: The IT Investment Management
How the Approach Works - Selection Phase
3. Review (continued)
Proposals that pass
the first level of review are then analyzed, organized, and
ranked according to their strategic and business alignment.
objectives that do not appear to be supported are
identified; IT management can explain or make
corrections early in the process.
- Risks, costs, and
benefits are analyzed. Proposals are organized for
submission to senior management. Sometimes several
project alternatives for meeting a single objective
are submitted for consideration.
- Based on the
results of the review, the CIO submits project
proposals (collectively: the "Proposed
Budget") to senior management for review and
If you were the
decision-maker which would you choose (low risk indicates
likelihood of delivering needed results as planned; high risk
- results unlikely)?
Investment Management Approach, Lesson 10 of 21