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Market Intelligence Resource | February 8, 2008

The Financial Implications of Technology: Return-on-Investment Analysis & Budgeting for New Systems

February 8, 2008 Presentation by Joseph P. Naughton-Travers, Ed.M., Senior Associate, OPEN MINDS from The 2008 Best Management Practices Institute, held on February 7 & 8, 2008 in Fort Lauderdale, Florida. How much should you spend on technology? A common question. The answer: It depends on the projected return on your investment (ROI). This presentation was designed to discuss an ROI model that you can put to use in budgeting. It summarized the basic elements of budget building and review models for assessing your ROI. Basic Components of an Information Technology Budget Hardware, Software, Staff & More Data . . .

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