Measuring the ROI of Your Data Warehouse and Business Intelligence Efforts – Part 1 – Overview

In this post I was going to write about the next step of implementing an Agile Approach to Data Warehouse and Business Intelligence projects. As I went through my notes I realized that in many cases the endeavor needs to be justified before the methodology even becomes relevant. Here is my take on justifying a Data Warehouse and Business Intelligence project which has the goal of getting to the single version of the truth.

For a software development project, or for that matter any engineering effort there is a need to determine the benefit of the project once it is completed. For Data Warehouse and Business Intelligence projects the benefits can be determined by considering the following factors:

  1. Reduced Cost to Get to the Answers
  2. Timeliness of Information
  3. Accuracy of Information
  4. Consistency of Information
  5. Transparency into the Information Compilation Process
  6. Reduced Risk from Incorrect Information

I will address each of these bullet points in the upcoming articles in this series.

If in your experience there are other benefits or liabilities to a Data Warehouse and Business Intelligence projects please post them below – that will keep this series of posts interactive.

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