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Federal IT Capital Planning and Investment Control (with CD) by Patricia A. Kelley, Thomas G. Kessler

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CHAPTER 9

Alternatives Analysis

If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.

—JIM ROHN, BUSINESS PHILOSOPHER

For the CPIC process to have integrity, both the ITIRB and the CPIC support group (CPIC-SG) must set high expectations for investment teams to present a well-thought-out set of alternative approaches for achieving the business goals. The results of such an alternatives analysis are critical to investment decision-making because well-chosen alternatives drive innovation and efficiency. If effective investment management depends on selecting investments based on price, performance, and risk, the alternatives analysis and associated cost-benefit analysis are the source for two out of the three ...

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