Internal Rate Of Return (IRR): Why IT Managers Should Know How To Use It

As an IT manager you will eventually be responsible for convincing your company to fund an IT project that your IT dream team wants to work on. Sure, from a technology point-of-view this may be a necessary project to do; however, the leadership in your company who control the funding probably don’t really care about … Read more

What Is Net Present Value And Why IT Managers Should Care About It?

The good news is that IT managers are often able to quickly wrap their heads around the concept that a dollar (or a euro, or a rand, or a…) in an IT budget that they are given today is more valuable than a dollar that they are given tomorrow. However, things get a bit more … Read more

ROI: What It Is And Why IT Managers Need To Know How To Use It

In the world of IT we like to make up new acronyms all the time. Outsiders often don’t fully understand what our acronyms stand for and so they feel like they don’t know what’s going on. Well guess what, other departments in your company can do the same thing and it will make you feel … Read more

Why Mentors Are So Important For IT Managers And How To Get Them

When you become an IT manager, the reason that you’ve been able to achieve this position is because you know everything that you’ll ever have to know, right? You’ll never make a mistake again and every decision that you’ll make will be the right decision. Correct? I’m betting that you are probably shaking your head … Read more