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Your company wants to develop special resources for project managers in its new project management office. There are many approaches to financial analysis of prospective projects. Having an idea of how project budgets can be created and controlled by upper management is essential to harmonizing efforts across the company.
- As a project leader, demonstrate your understanding of the term Return on investment (ROI).
- How would ROI influence a go or no-go decision on Enterprise Resource Planning (ERP) projects?
- What are some of the disadvantages of using only Return on investment (ROI) to estimate the benefits of a new project?
In your own words, post a substantive response to the Discussion Board question(s) and comment on other postings. Your response should address the DB question(s) and move the conversation forward. You will be graded on the quality of your postings, including mastery of the concept as well as critical thinking. If asked for your opinion, do not simply state that it is a good or bad idea; elaborate on your reasons and argument. Include enough detail to substantiate your thinking as well as your position on the questions or comments.
For assistance with your assignment, please use your text, Web resources, and all course materials.