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Typically, enterprises considering IT projects that carry significant business risk undertake a feasibility study as part of their evaluation process for assessing project viability.

Performing a feasibility study is not a requirement for every business-critical project. It is, however, a valuable tool for projects exceeding $100,000 or 15% of IT capital budget. A carefully crafted feasibility study also helps IT leaders assess alternative solutions or approaches that may exist.

An essential part of all feasibility studies is a cost/benefit analysis of the project. This cost/benefit analysis tool provides users with the ability to:

  • Assess the organizational impact of different project options.
  • Calculate the Net Present Value (NPV), Internal Rate of Return (IRR), Return on Investment (ROI) and Payback Period of each project option.
  • Generate comparative graphs that show ROI, cumulative ROI over a five-year period, NPV, and IRR for each option under consideration.

This tool is a valuable asset for staff or enterprises that are performing feasibility studies or need a tool to calculate the NPV, IRR, Payback Period, and ROI.

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  • Missing comment
    Kaara Smith | 05-08-2014

    Unfortunately this template is very out of date and you can't adjust some of the cells, they appear to be locked.

    • 35cf646e37f9d3618eeca1a4ac6f70be comment
      Info-Tech Research Group | 05-13-2014

      Thank you for your comment. We have updated the tool with appropriate dates and have unlocked the cells for future use. Please try downloading the tool and let us know if you encounter any further issues.


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