Simple Methods for Determining ROI FOR RECORDS MANAGEMENT PROJECTS

摘要

Return on investment (ROI) methods are concerned with the profitability of proposed projects, regardless of their objectives. In this sense, ROI calculations support screening decisions rather than preference decisions. Instead of comparing a proposed project (investment) to an existing system or other alternatives, ROI calculations measure proposed projects against a predetermined standard of profitability by which all investments, regardless of their objectives, are judged. This approach to financial analysis of investments is also known as capital budgeting.