Launching new IT projects can be intimidating for CIOs, and maximizing the return on investment can add pressure.
Here are five tips for CIOs to maximize return on investment on IT projects, according to an Oct. 13 report from CIO.com.
- Make sure your IT strategy is synergized with business goals. Aligning IT goals with organizational goals can create further opportunities.
- Bring in diverse viewpoints. Involving stakeholders across roles and backgrounds can lead to creative problem-solving.
- Make sure your technology is scalable. Upgrades and a cloud-native approach can benefit the a project as it grows.
- Implement agile techniques. Break down a project into small parts which can be delivered through cycles.
- Use a platform-centric approach. Standalone initiatives may not integrate well with the rest of the business processes and limit ROI.