Beating IT Risks by Ernest Jordan, Luke Silcock PDF

By Ernest Jordan, Luke Silcock

ISBN-10: 047002190X

ISBN-13: 9780470021903

Beating IT hazards is the basic consultant for someone in danger from details know-how failure. The e-book presents confirmed types and overview instruments that may advisor board participants, senior administration, IT leaders and company unit managers in decision-making, tracking and negotiation roles. that includes real-world PA Consulting workforce case reviews in addition to the authors' personal direct adventure in dealing with IT dangers, this ebook will take a seat above extra professional titles that will help you improve an built-in and finished knowing of other IT hazards and the way to wrestle them. The authors hide all kinds of IT threat, and provide particular suggestions approximately what to contemplate whilst enforcing a chance administration method of most sensible meet somebody company's wishes.

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Additional info for Beating IT Risks

Sample text

Only after implementation is business value released. Over time the objective is to bring cumulative returns into positive territory – the initial investment plus the ongoing cost of running and maintaining the IT asset outweighed by the cumulative benefits. The investor seeks to understand the predictability in returns from IT investments, as determined both by the business application of the IT investment and as an inherent characteristic of the technology and its supply. As far back as 1979, Abe et al.

If this common project appraisal method is extended to a view of the operational IT assets through their useful life, it becomes evident that IT investments with a greater certainty of payback through being deployed effectively and used productively should be similarly favoured. 1. Only after implementation is business value released. Over time the objective is to bring cumulative returns into positive territory – the initial investment plus the ongoing cost of running and maintaining the IT asset outweighed by the cumulative benefits.

2, where the idealized lifecycle becomes distorted by the negative impacts. Time, costs and benefits can all take hits. At any point, the investor will demand information on the performance of their IT investments: the portfolio should be returning value to the business greater than the ongoing cost to service and maintain it. When profiled over the lifetime of each investment asset, the net returns should exceed the cost of capital plus an allowance for risk appropriate for the investment. This operates similarly to the demand in the marketplace for investment returns to be commensurate with the level of uncertainty.

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Beating IT Risks by Ernest Jordan, Luke Silcock


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