It is recognized that GIS technology and spatial information provides vast opportunities to add value within any organization – indeed many of us act as champions for our industry all the time. However, articulating and quantifying the monetary return of investment (ROI) in a GIS program is not always easy.
Developing new GIS technology can be exciting from a technologist’s perspective and the benefits easily apparent. The most challenging part of implementing a project like this is convincing both the money men and the wider business that the technology is worth the investment.
Using this simple technique provides several gains:
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the task of building a sufficiently robust benefits model need not be as daunting as expected
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by following this process, the project is more likely to deliver the business what it needs to improve performance rather than a ‘cool gizmo’ that doesn’t work very well
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the budget request is less likely to be challenged and future funding made easier to obtain.
All this liberates the GIS implementation team to focus on what really matters – delivering the benefits.
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