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.