Description

While Blockchain applications are achieving great results for businesses, their benefits and implementation risks are very uncertain and difficult to predict, making Return On Investment (ROI) estimation very uncertain and difficult.

This course examines how to estimate the ROI of blockchain applications for your organization. This is far more difficult than a typical IT project because most blockchain applications require that business partners and/or customers also agree to use the blockchain.

There are dozens of factors that need to be considered in assessing the likely benefits, costs, and returns, and many of these are very intangible and subjective—difficult to put a dollar value on. This course shows how to deal with these difficulties in estimating ROI and provides an Excel spreadsheet to calculate ROI—including a range of ROI estimates, that we recommend to deal with the uncertainty.

Course Key Concepts: Blockchain, Distributed Ledger, Information Technology, Return On Investment, ROI, Process Improvement, Blockchain Applications, Multi-Criteria Decision Analysis, Decision Analysis, Business Operations, Business Strategy, Assessment