Methods and apparatus for financial evaluation of information technology projects
OwnerThomas Pisello, Stephen Arseneault +1inventors
InventorsThomas Pisello, Stephen Arseneault, Michael Friedlander
Life of this patent
Estimating the term…
Abstract
Apparatus and methods of evaluating an IT project within an organization is described herein. Evaluation of an IT project is undertaken by receiving a first set of data representative of financial information about the organization and future assumptions about the organization, receiving a second set of data representative of characteristics of the first IT project, and automatically generating a first set of indices based at least in part on the first and the second set of data.
Claims42
A method of evaluating a first IT project within an organization comprising the steps of:
- receiving a first set of data representative of financial information about the organization and future assumptions about the organization;
- receiving a second set of data representative of characteristics of the first IT project;
- and
- generating a first set of indices based at least in part on the first and the second set of data.
A method of evaluating a first IT project within a first organization comprising the steps of:
- receiving a first set of data representative of financial information about the first organization and future assumptions about the first organization;
- receiving a second set of data representative of characteristics of the first IT project;
- providing a third set of data representative of past financial information and past IT expenditure of a first group of organizations;
- generating a first set of indices based at least in part on the first and the second set of data;
- calculating a second set of indices based at least in part on the third set of data;
- and
- comparing at least one member of the first set of indices with a corresponding member of the second set of indices.
A method as defined in claim 21 wherein the first set of indices and the second set of indices includes at least one of (1) IT expenditure per revenue, (2) IT expenditure per assets, (3) IT expenditure per employee, and (4) IT expenditure per information employee.
A project evaluation system for evaluating a first IT project within a first organization, the system comprising:
- a computer processor communicating with a data entry device, wherein the data entry device is configured to receive a first set of data representative of revenues, expenses, investments and strategic goals of the first organization, and a second set of data representative of costs, savings, strategic benefits and risks related to the first IT project;
- a memory;
- a processing unit;
- and
- a first software routine stored in the memory and adapted to be executed on the processing unit for calculating a first set of indices based at least in part on the first and the second set of data.
A computer program stored on a tangible medium to evaluate a first IT project within a first organization, the computer program comprising:
- first software to receive a first set of data representative of financial information about the first organization and future assumptions about the first organization;
- second software to receive a second set of data representative of characteristics of the first IT project;
- and
- third software to generate a first set of indices based at least in part on the first and the second set of data.
A project evaluation system for evaluating a first IT project within a first organization, the system comprising:
- a computer processor communicating with a memory, wherein the memory contains a first set of data representative of the revenues, expenses, investments and strategic goals of the first organization, and a second set of data representative of the costs, savings, strategic benefits and risks related to the IT project;
- a processing unit;
- and
- a first software routine stored in the memory and adapted to be executed on the processing unit to calculate the functions of;
- calculating a first set of indices based on the first set of data,
- calculating a second set of indices based on the second set of data, and
- comparing at least one member of the first set of indices with a corresponding member of the second set of indices.
A peer evaluation system for estimating IT budget within a first organization, the system comprising:
- a computer processor communicating with a memory, wherein the memory contains a first set of data representative of revenues, expenses, investments and strategic goals of the first organization, and a second set of data representative of financial information and IT expenditure of a number of organizations other than the first organization;
- a processing unit;
- and
- a first software routine stored in the memory and adapted to be executed on the processing unit to calculate a first set of indices based at least in part on the first and the second set of data.
A project evaluation system for evaluating a first IT project within a first organization, the system comprising:
- first software to display a first list of characteristics of the first IT project and a second list of characteristic of the first organization to a user;
- second software to receive a first set of data from the user representing values of at least some of the characteristics of the first IT project and a second set of data from a user representing values of at least some of the characteristics of the first organization;
- third software for transmitting the first and the second set of data over a communication network;
- fourth software to receive the first and the second set of data;
- and
- fifth software to calculate a first set of indices based at least in part on the first and the second set of data.
A system for analyzing a first IT project within a first organization, the system comprising:
- means for receiving a first set of data representative of financial information about the first organization and future assumptions about the organization;
- means for receiving a second set of data representative of characteristics of the first IT project;
- and
- means for generating a first set of indices based at least in part on the first and the second set of data.
A system for evaluating a first IT project within a first organization, the system comprising:
- means for receiving a first set of data representative of financial information about the organization and future assumptions about the organization;
- means for receiving a second set of data representative of characteristics of the first IT project;
- means for providing a third set of data representative of past financial information and past IT expenditure of a number of organizations other than the first organization;
- means for generating a first set of indices based at least in part on the first and the second set of data;
- means for calculating a second set of indices based at least in part on the third set of data;
- and
- means for comparing at least one member of the first set of indices with a corresponding member of the second set of indices.
Dependencies are inferred from the claim text.