The Missing Metric: ROI

Via Scoop.ithealthcare technology

Metrics are essential measurements to determine if a project is meeting the established goals of time, delivery and budget constraints. This may be a bit off the requirements blog norm, but worth the mention.

There has been a change in the market where the ROI (Return on Investment) is not a requirement in the eyes on projects. Is the ROI forecast replaced by a focus upon the financial burn? Are people considering what was spent to arrive at the solution and counting up the cost after the fact? It is important to track what was spent and if the project arrived on, under, or over budget. Some organizations are of the thought, “Just track the burn.” Financial disaster, monetary suicide, bad judgment, new line of thought; you be the judge.

Via blogs.perficient.com

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