Future Business Value (Definition)

A characteristic in the assessment of an asset in the Queensland Government ICT Portfolio Assessment Methodology. It refers to the capability of the asset to support future business strategies and objectives of the organisation. This includes the potential of the asset to deliver future benefits and contribute towards growth and improved service delivery and takes into account the extent to which currently unused functionality of the asset can be exploited in the agency and across Government. Dimensions of Future Business Value include: Functional Utility; Business Goals Support; Business Imperatives Support; Legislative and Political Support; Enhanced Service Delivery; Measurable Benefits; Risk Reduction; Organisational Innovation and Growth; and Improved Fiscal Outcomes. (See also "ICT Portfolio Assessment Methodology")


Last Reviewed: 19 January 2018

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