Data Sources: Why Your ROI Case Is Wrong – Part Two

A picture of a calculator, note pads, pen, and pencil. Source: pixabay.com

Last week, I took a look at the impact that time can have on the assessment of a project’s return on investment (ROI). It’s something to keep in mind both when you’re building your own business case, but also–and perhaps more importantly–when you’re reading discussions of ROI in the market. The same caution extends to … Read more…

Time: Why Your ROI Case Is Wrong – Part One

Wrong Way (for ROI). Source: Pixabay.com

In theory, calculating the Return on Investment (ROI) for improvement projects is simple: take the amount of costs you’ve saved, add it to the amount of new revenue you’ve generated, and divide the whole thing by how much you invested to get those results. When the project is complete, our job is a bit easier. … Read more…