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Principle 5 - Investment criteria

Investment decision (even those not to take action) must be based on business need, cost-effectiveness, and consistency with standards and models.

 Rationale

None of these interrelated criteria can be ignored if good decisions are to be made.

 Implications

  • Existing applications, data, and information technology must be reassessed regularly to ensure they continue to meet these criteria.
  • Information technology investments must support operational, analytical and planning requirements.
  • Effective decision making for information technology investments requires careful planning and coordination.
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