Risk, Scorecard and Uncertainty - Data Leaders Brief

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

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. Consider your company scorecard: Your procurement team has a scorecard with clear metrics to evaluate purchase decisions.

Scorecard

Scorecard Cost-Benefit ROI IT

Fact-based Decision-making

Peter James Thomas

AUGUST 12, 2018

A clear parallel would be credit risk in Retail Banking, but something as simple as an estimate of potentially delinquent debtors is an inherently statistical figure (albeit one that may not depend on the output of a statistical model). However such estimates appear in a number of industries, sometimes explicitly, sometimes implicitly.

Metrics

Metrics Statistics Data Quality Measurement

Data Leaders Brief

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

Fact-based Decision-making

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