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.
Continue reading “How to Justify Application Modernization to your CFO – Episode 2” »