Tag Archives: IT Budget

Opportunity Cost: The Forgotten Cost of IT Investments

Every decision involves trade-offs between the costs and benefits of the available options. But most people forget to account for the opportunity cost of their choice. While most IT investment decision making relies on the traditional accounting cost to decide … Continue reading

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Sunk Cost Fallacy: The Irrational Barrier to Effective IT Investments

The irrational psychology of the sunk cost fallacy is a pervasive barrier to effective IT investment decision making and CIO success. Let’s say you spent $1M on a project the vendor says they need another $100K to complete it. Even … Continue reading

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EDUCAUSE Learning Initiative Thematic Framework

The EDUCAUSE Learning Initiative (ELI) is conducting a survey to help determine the “thematic framework” for their activities in the year ahead which has me puzzled. Here is the survey link so you can take it yourself, but you better … Continue reading

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Book Review: Making Technology Investments Profitable

Making Technology Investments Profitable: ROI Road Map from Business Case to Value Realization is a book about maximizing the true value of IT projects and technology investments. Unlike so many other books on CIO and IT success, Jack Keen focuses on the … Continue reading

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Deep Thoughts on Software Market and Some Recent Research

I am stuck and my brain is on total overload from deep thoughts on the software market changes and attempts to digest recent research. I swear I feel like I am in one of those old SNL skits for Deep Thoughts by … Continue reading

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Network Modernization Strategy for FY13

Your FY13 budget will prove to be critical in setting you on the path for network modernization and implementing 10GBase-T, 40GB, 100GB and 4G LTE or 4G WiMAX. Equally important will be the roadmap you develop for implementing the changes … Continue reading

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Book Review: The Chief Information Officer’s Body of Knowledge

The Chief Information Officer’s Body of Knowledge: People, Process, and Technology is a most interesting collection of insights and ideas worthy of a place in any CIO office. Collection is the right word since The Chief Information Officer’s Body of Knowledge is a … Continue reading

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