Establish a budget and calculate ROI

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Establish a budget and figure the return on investment (ROI)

• Control costs at each stage of the project; savings accrue at each step as you simplify your requirements

• If you are having trouble with justifying ROI

  • Scale back project scope

  • Look for simpler, more affordable solutions

  • Lease rather than buy

If you choose to concentrate on the "low-hanging fruit", ensure that this short-term focus supports a flexible, well-rounded PLM solution and is not a dead end.

PLM0035 Rev 2009-09-12 21:06:59 -0600

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