9Aug/10
How to Justify Application Modernization to your CFO – Episode 2
In our last episode, our hero (you, of course) was preparing to make an ROI-powered business case for Application Modernization to your CFO. We covered your current resources, your goals, and steps 1-4 in the process.
This episode unveils Step 5 – Conducting a Project Scope.
A Project Scope may also be called a Project Study or a Requirements Analysis. The name is not of importance; the Input, Activities and Output are. So let’s go through each of those in some detail.
Input to a Project Scope
Before starting on a Project Scope, we need some basic ingredients:
- A sensible modernization initiative with promising ROI potential
- Significant interest from the business
- At least a small mandate from the executive level
If you haven’t yet achieved these necessary inputs, I encourage you to review steps 1-4.
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