Started career as professional chef then a district sales manager for a wine & spirits company. Retired in 2005, breeding Araucana chickens. Carrot Colors Carrots as we know them now are orange but the original carrot was a small, thin, bitter root that was nowhere near the revered vegetable it is today. Purple, red and even black were the normal colors until the resourceful Dutch agriculturalists took an interest in them.
Project Return on Investment (ROI) An indicator used to measure the financial savings/gain (or loss) of a project in relation to its cost. Typically, it is used in determining whether a project will yield positive financial benefits, and in turn giving approval to proceed. The formula for a Project ROI = ((projectâs financial gain or loss â projectâs cost) / projectâs cost) X 100.
2 2 ABSTRACT Return on investment (ROI) analysis is often an essential component of the management decision to invest in a new technology product or information technology (IT) project. This chapter reviews the basic concepts necessary for calculating ROI and applies these concepts to an example technology project.pecifically, ROI, defined by Equation (6), is rather vague, because a 100% ROI realized 1 year from today is more valuable than a 100% ROI realized in 5 years. In addition, the costs of the project may vary over time, with ongoing maintenance and professional services support.