Conversations - Cost-Benefit Analysis in IT Procurement Decisions

Cost-Benefit Analysis in IT Procurement Decisions

     Effective cost-benefit analysis is a cornerstone of successful IT procurement.

      This session will offer a detailed framework for evaluating potential investments, balancing cost against projected value, and making data-driven procurement decisions. Participants will learn how to quantify both tangible and intangible benefits, identify hidden costs, and present compelling business cases to stakeholders. Additionally, we’ll 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.

 Benefits

• Learn how to conduct thorough cost-benefit analyses.

• Improve your ability to justify procurement decisions.

• Gain tools for presenting business cases to stakeholders.

Who Should Attend

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