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

CIO Business Intelligence

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.

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Fact-based Decision-making

Peter James Thomas

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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