Case Study: The Technical Underwriting Financial System (TUFS), any information technology project needs a worth assessments. This quality assessment is planned to help business leaders to measure the conceivable benefits and risks. On account of TUFS, a portion of the expected advantage includes financial savings related with efficiency and e-business capacities. In this case the organization had not made utilization of e-business two years after it was released. This may lead to IT failure, yet it might be like a communication failure among those in charge of company strategy.
The foreseen advantage represents actual desires, which for this situation don't appear to have been defined by IT or business partners. It would be interesting to ask how the projects fit into organization technique. One reason is imperative that the benefits specified are strategic in nature. As it were enhanced proficiency and e-business may be great business strategies, yet without a clear system, it's hard to say how these elements would give the organization preference.
1. Should Northern have invested in TUFS?
2. What went wrong with the TUFS investment and what can be done to prevent these problems in the future?
3. What does Northern need to do to realize the benefits that were projected for TUFS?
4. How can they measure these benefits?
References
Legal & General - Financial Underwriting. (n.d.). Retrieved fromhttps://www.legalandgeneral.com/advisercentre/protection/underwriting/priority-protection/financial-underwriting/
Measuring Underwriting Productivity and Quality: The New ROI Metrics | Insurance & Technology. (n.d.). Retrieved from https://www.insurancetech.com/measuring-underwriting-productivity-and-quality-the-new-roi-metrics/d/d-id/1311260?
Remenyi, D., Money, A. H., Bannister, F., &Remenyi, D. (2007). The effective measurement and management of ICT costs and benefits. Oxford: CIMA.