IB, CDB, and Beyond: Making an Effective Case for Digital Investments

Overview

CIOs, CIO Teams, and digital product teams play a crucial role in championing digital investments that align with the strategic business objectives and solve problems for citizens and/or businesses. This enables you to effectively guide business owners through the resourcing process and product lifecycle, thereby enhancing your influence and decision-making impact at the executive level.

Through practical case studies and insights from experienced Evaluation panel members, you will master the Value-Cost Ratio (VCR) methodology to assess digital investments within your agencies.

Whether you're a CIO, technology director, or product manager involved in digital transformation, this programme is designed to equip you with concepts on how product principles are applied in digital product evaluations and reviews, at various stages of the product lifecycle.

You will gain practical insights from key Initiation Budget (IB) and Central Digitalisation Budget (CDB) panel members to clearly communicate the value, cost and risks of digital initiatives using the Value-Cost Ratio (VCR) tool.

IB, CDB, and Beyond: Making an Effective Case for Digital Investments (an optional module), covers financial concepts and digital investment frameworks, enhancing CIOs, CIO Teams and digital product teams' ability to optimise investments and influence stakeholders. It uses practical case studies relevant to government agencies to reinforce key learnings on value, cost, and risk management.

Key Takeaways

At the end of this module, you will be able to:  

• Apply framework & tools to evaluate trade-offs for optimising digital investments in terms of value, cost and risk.
• Derive value-driven success metrics in digital investments by applying product methodology.
• Sharpen influence to effectively communicate on digital investment that drives business outcomes in terms of value, cost and risk
  

Who Should Attend

CIOs, CIO Teams and digital product teams, and any public service officers involved in planning and proposing digital investments.