Page 16 - IT Project Management Framework - Identification
P. 16

Evaluating Intangible Benefits








                                                                                     A               B               C




                          Facilities                                20%            5,000            3,000          2.000


                          Equipment                                 30%            1,500            5,500          2,500


                          Software                                  10%            2,000            1,500           600


                          Hardware                                  40%            1,500            1,500          3,000





                                                      Total         100%          10,000           11,500          8,100






               • To evaluate the intangible benefits of possible solutions, a weighted evaluation will be performed.

               • Firstly, identify the criteria as needed. In this example we have enhanced user experience, increased customer
                  satisfaction, compliance and brand equity.

               • And choose a weighting between 0 and 100% for each of the criteria. Make sure the total weighting is 100%.

               • Then, rate each solution between 1 and 5 for each criteria, with 1 as the lowest rating, 5 as the highest.

               • Finally, the weighted average rating for each solution will be obtained.



                                                                                                                                         16
   11   12   13   14   15   16   17   18   19   20   21