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7 signs it’s time to kill an IT investment

January 19, 2021

Via: CIO

The business case seemed rock solid. Your management colleagues agreed that the investment made sense from every angle. Over time, however, it has become apparent that everybody was dead wrong. Key indicators are signaling that the project is not only failing to meet expectations, but likely headed toward utter failure. Now what?

Knowing when to pull the plug on a failing IT investment before it craters, wiping away time, money, and competitive advantage, is a skill every top CIO possesses. Acquiring this ability requires a combination of insight, experience, and a willingness to pay close attention to the warning signs that indicate a once-promising IT investment may soon be rolling into the digital morgue.

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