Time to value (TTV) is a measure of the length of time necessary to undertake a

project A project is a type of assignment, typically involving research or design, that is carefully planned to achieve a specific objective. An alternative view sees a project managerially as a sequence of events: a "set of interrelated tasks to be ...

and realize the benefits of the solution. The concept is used to help decision makers evaluate the proposed benefit of an investment in time and/or money. It is a similar concept to

return on investment Return on investment (ROI) or return on costs (ROC) is the ratio between net income (over a period) and investment (costs resulting from an investment of some resources at a point in time). A high ROI means the investment's gains compare favorab ...

(ROI), but instead of realizing the financial success of an investment, it implies achieving the ''effectiveness'' of an investment. This is applied mostly to added technology— data center hardware, network

infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...

, system security, etc. whereby the promised improvement becomes measurable. It can even be argued that in cases such as data security, TTV is more important than ROI since the security may only have financial benefits in banking and commercial industries, but has value in the protection of personal and/or corporate data—in every industry.

Limitation

While the concept is easy to understand and explain to management or investors, one problem is that "completion", "benefit", and "value" are not as easy to define, can change over time, and the technology may even obsolesce before the installation is completed.

References

Investment indicators {{finance-stub

Limitation

See also

References