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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How to Justify Legacy Application Modernization to your CFO
There is so much talk about legacy application modernization that you could be forgiven for thinking that every old 5250 app has already been dragged into the 21st century. But you and I know that’s not true. In fact, a typical reader of this blog will be running at least one of their core business applications in so-called legacy mode. So what is standing in the way of progress – apathy, fear, cost?
My experience from working as an advisor to many IBM shops (AS/400, iSeries, IBM i) has taught me that the major impediment to starting an application modernization project is cost or, more specifically, how to justify the total investment required and thereby secure the funding. This post is part of a series where I will share the tips and techniques that have been used successfully to present an application modernization project for budget approval. As with many things in life, it is often the way that you present and position something that makes all the difference on how it is perceived and received by others. Continue reading about Justifying Application Modernization >>