Abstract
Developing Successful Return on Investment Statements
Track: Benefits of GIS
Author(s): John Siegman
Now, more than ever, companies must justify their expenditures by performing ROI analysis on all budgeted and non-budgeted purchases. These include all types of purchases, but become increasingly important where the expenditure could be perceived to be a want rather than a departmental necessity. Developing credible high impact ROIs insures that your project gets the budget dollars it deserves in what has become a highly competitive internal financial landscape.
Developing, resourcing and finding pertinent information is critical to prove the value of the project and guarantees that the project is positioned as a priority on the funded projects list.
This discussion will explore the importance of ROI analysis based on soft costs or revenues and hard costs and revenues. Additionally, it will also focus on the importance of conservative estimates to not only increase the credibility of your ROI analysis but to provide extra runway for project success.
John Siegman
First American Proxix Solutions
17330 Via Del Campo
San Diego , California 92127-2129
United States
Phone: 858-487-9201
E-mail: jsiegman@proxix.com