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COST-BENEFIT ANALYSIS IN IT PROCUREMENT DECISIONS

COST-BENEFIT ANALYSIS IN IT PROCUREMENT DECISIONS

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    • Corporate Paid - Free!
    • Free - $40
    • Monthly - Free!
    • Paid - Free!

Effective cost-benefit analysis is a cornerstone of successful IT procurement. This session offers a detailed framework for evaluating potential investments, balancing cost against projected value, and making data-driven procurement decisions. Quantify both tangible and intangible benefits, identify hidden costs, and present compelling business cases to stakeholders. Additionally, explore real-world examples of how organizations have used cost-benefit analysis to prioritize initiatives, justify expenditures, and secure executive buy-in. By applying these techniques, you can improve decision-making and maximize value in your procurement efforts.

How You can Benefit

  • Learn how to conduct thorough cost-benefit analyses.
  • Improve your ability to justify procurement decisions.
  • Gain tools for presenting business cases to stakeholders.

Who Can Benefit Most

Procurement professionals, financial officers, and decision-makers seeking to improve procurement outcomes.

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Video
Open to view video.  |  40 minutes
Open to view video.  |  40 minutes Quantify both tangible and intangible benefits, identify hidden costs, and present compelling business cases to stakeholders. Additionally, explore real-world examples of how organizations have used cost-benefit analysis to prioritize initiatives, justify expenditures, and secure executive buy-in. By applying these techniques, you can improve decision-making and maximize value in your procurement efforts.