Staying on top of I.T contribution.
"It's not hard to make decisions when you know what your values are" Roy Disney
As the only purpose of I.T systems within a business is to enable benefit then how much is being delivered should be always be evident.
As everything can be measured then the benefit value of day-to-day operations should be quantifiable. Unfortunately many organisations have no easy means to realise the significance of I.T spend.
Until recently it has been difficult to relate business operation costs and revenues with the I.T budget. Even more complicated is their attribution to commercial advantage.
This is sometimes evidenced by the disappointment that isolated bench marking and quality review programmes deliver. Often confusing, sometimes embarrassing, these reports can be filed away, never to be seen again.
Fortunately, since 2006, the practice of Benefit Realisation Management has been able to define standard approaches. Using these simple methods allows the financial operation of the business, and its profitability, to be related to the associated I.T costs.
The adoption of a B.R.M programme now allows a business to tune the cost of systems to the moving processes of real commercial activity, gearing technology up or down as operations demand.
The Business Benefits Realisation (BBReal) method is a simple format that relates service costs and benefits.
Simple charts show the relationships in an easy to understand way, an essential part of any value review programme or new project. We can easily produce an example outline suited to any organisation.