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Describe roi benefits equations and risk mitigation strategies.
Business justification return on investment. In fact businesspeople know several different metrics as return on investment or roi but usually the term refers to the cash flow metric appearing here as simple roi or the return on investment ratio. Identify solution competition internal and external impact to decision makers and business drivers. On a basic level the business justification focuses on the return on investment roi associated with the proposed technical change.
We can unpack this equation to get a migration specific view of the formulas for the input variables on the right side of the equation. The generic formula for roi is. To calculate roi divide the net benefit of an investment by the cost of the investment.
List key business elements used to justify mes mom projects. Identify overall capital approval process. It is a measure of how much financial benefit you have received from a particular investment in your business.
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