31. Current investments and costs.docx

Tool 31: Current investments and costs

Purpose of this tool: provide insight in the cost centres of IT in an organization by evaluating all current and developing projects on financial criteria.

The following steps are defined by Michel Benaroch in his article ‘Managing information technology investment risk: a real options perspective’ as an approach to manage IT investment risks. These steps must be reapplied when time passes, since some risks can resolve while new risks can arise.