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Advice from procurement: How to evaluate and propose new IT investments

CIO Business Intelligence

MARCH 23, 2023

Consider your company scorecard: Your procurement team has a scorecard with clear metrics to evaluate purchase decisions. Provide decision makers with credible industry research, as well as your own team’s statistics to support your request. This may include lost productivity, increased downtime, and slower time to market.

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Scorecard Cost-Benefit ROI IT 59
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Fact-based Decision-making

Peter James Thomas

AUGUST 12, 2018

Integrity of statistical estimates based on Data. Having spent 18 years working in various parts of the Insurance industry, statistical estimates being part of the standard set of metrics is pretty familiar to me [7]. The thing with statistical estimates is that they are never a single figure but a range. million ± £0.5

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Metrics Statistics Data Quality Measurement 49
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