FinOps | Assessing IT investments

Conscious choices for the digital strategy

FinOps | Assessing IT investments

More and more investments are wholly or partly related to IT. In fact, investments that do not affect IT in any way are quite exceptional these days. For example, in order to be able to assess whether an IT investment contributes to the reliability of the IT systems, you need a specific approach or way of working in addition to a certain IT knowledge and a financial model.
 
This approach helps to grow in maturity of your investment process and also supports the analysis of deviations after the investments have been made. Think, for example, of the end of a project, the higher costs and the delivery of more or less secure systems than agreed.
 

Objective

We will start with the following learning objectives:
  • Learning to make IT investment decisions, business cases and forecasts in a fast and reliable manner with a short-cycle approach
  • Learning to test completeness by always looking at the problem, technical solution, (strategic) desirability and financial feasibility
  • Gain insight into the importance of documenting facts, assumptions and uncertainties with an IT cost model
 

Contents

In the three-part FinOps series you will learn the basics of IT ecosystems such as cloud, how to create the corresponding financial models and how to make sustainable judgments about IT investments. The training material is very accessible and set up in such a way that you can apply it immediately the next day.
 
We emphasize the importance of comprehensible and timely reporting, breaking down organizational silos and joint responsibility for IT expenditure. These are some important principles for modern IT Financial Management in general and Cloud Financial Management according to FinOps in particular.
 
Also check out the other parts of this FinOps series:
 

This is for

Finance and IT professionals who want to make an important contribution to an agile and sustainable digital strategy and who therefore want to know the impact of IT ecosystems and IT cost movements on the continuity of their organization.
 

Availability

This FinOps series is available as a webinar for financials at NBA Training.
 
Search FinOps on the NBA Training website for the current course offerings.
 
Do you want to know how to get started? Please contact us.