Tool: How to Calculate an Internal Rate of Return

Payback on a project sometimes depends on when you add it up and when to tighten the money belt. (Baseline)

Getting the best return on your technology project means understanding when to spend—and when to save—money.

This chart summarizes the rates earned by managing the savings and spending by three different approaches to project management. In all three cases, the undiscounted savings and spending are the same.