Measuring the Value Added to the Business

6. Measuring the Value Added to the Business

Reflect on the value that business systems add to an organization. Information systems are no longer being used only for data reporting. As information systems have become a major part of the business model and IS budgets continue to rise as a result of increased investment in IT, there is also a growing need to understand the value of business systems.

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  • From an IT manager’s perspective, identify the most      valuable financial metrics and models for establishing the value of a      large IT project to an organization. Keep in mind the company may not      receive any direct revenue from the IT project, so its value may need to      be determined through its indirect business impacts.

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