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A critical review of the opportunities for improving business through integration of business processes and the associated applications using proven Internet technologies.
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Identification of business opportunities benefiting from integration of enterprise applications:
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An unbiased and independent examination of your business and business processes.
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Review opportunities for integrating current business processes.
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Identify technologies for integrating target enterprise applications.
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Litmus test of each opportunity Structured analysis is used to filter out practical opportunities:
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Building a good technology solution is only a small part of ensuring success. If technology does not match business needs it will waste time and money, regardless of how well it is designed, developed, and implemented.
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In order to ensure that the technology solution meets the business needs they must be matched using the following analysis criteria:
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- Will the technology developed aid the business in generating revenue?
- Does the technology provide additional differentiators or barriers to entry?
- Will the technology be an asset for future business expansion?
- Can the project be completed within a timeframe useful to the business?
- Is the cost of the technology justified by its business value?
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Analysis of the Cost - Benefit relationship for each opportunity:
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How quickly will the value of opportunity decline over time?
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How much will it cost to develop and operate?
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Cost Benefit Analysis Value over Time
Showing Optimal Time Frame - at maximum divergence of graphs.
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In this graph we can see that the optimal time to completion lies about one third of the distance along the x-axis. In the absence of other factors we would recommend targeting this time frame. The reason for the costs dropping over time is that slower development reduces management overhead and reduces the risk of failure through communication failure.
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