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.
HOW YOU'LL 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 SHOULD ATTEND
Procurement professionals, financial officers, and decision-makers seeking to improve procurement outcomes.
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