Enhancing Return On Investment

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Akash Dolas,PMP [Open Networker]

Enhancing Return On Investment Akash Dolas

By Akash Dolas Quality Manager - Cybage email: akash.dolas@gmail.com LinkedIn: www.linkedin.com/pub/akash-dolas-pmp-lion/7/70a/b Twitter: @akashdolas

Focus of This Discussion ,[object Object]

ROI for a single initiative or application

Examination of task cost savings on a per-transaction basis

Emotions and Financial Cycle,[object Object]

Some ROI Comparison Methods ,[object Object],(Return / Investment) x 100 ,[object Object],(Return - Investment) ,[object Object],(Investment / Return per week)

Identifying Sources of Return ,[object Object]

Savings through the prevention of “leakage”,[object Object]

Make sure to include all phases of both methods

Check for any statistical differences in outcome

Understand fully loaded employee cost per hour,[object Object]

Costs and Savings ,[object Object], 3 days to develop interface 24 hrs x $40 =$960 ,[object Object], Each reservation took 10 minutes less 4560 non-recurring reservations first year 760 hrs x $40 = $30,400

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Enhancing Return On Investment

1. Enhancing Return On Investment Akash Dolas

2. By Akash Dolas Quality Manager - Cybage email: akash.dolas@gmail.com LinkedIn: www.linkedin.com/pub/akash-dolas-pmp-lion/7/70a/b Twitter: @akashdolas

4. Tactical ROI

5. ROI for a single initiative or application

6. Identification of sources of Return

7. Examination of task cost savings on a per-transaction basis

10. Identifying Costs (Investment)

11. Identifying Costs (Investment)

12.

13. Savings through shorter processing time

14.

15. Observe new process

16. Make sure to include all phases of both methods

17. Measure process times for both

18. Check for any statistical differences in outcome

19. Measure frequency of task

20.

21. Web Conference Room Application

22.

23.

24. Business Card Request

25.

26.

27. Computer Crimes are vulnerable New Business Card Request

28. Vacation Request

29.

30. Online approval process cut delays due to missing information, loss of e-mail

31. The rest of the story… Discovered verbal approvals sometimes skipped process E-mails not always forwarded No reliable record of requests existed “Leakage” may have been as great as one day per person per year

32.

33.

34. Emotions and Financial Cycle