based on company Sofea Rose https://www.sofearose.com/ . sofea rose is a private company that sells attractive clothes based on logic, please explain HOWTHEORGANIZATIONPERFORMSEVALUATIONOFITINVESTMENT

4.0 HOW THE ORGANIZATION PERFORMS EVALUATION OF IT INVESTMENT Based on the interview question, the responder stated that before the department makes any IT investment, first they will make a proposal of investment or spending that will need to go through astructured evaluation process such as through evaluation of a committee, using standard format, procedures, and specified forms and guidelines. The responder also shared some glimpse of criteriathat the evaluation committee used when they do an evaluation process. Below are the criteria that the evaluation committee uses: The first criteria is the ability to obtain supplies, services, or ICT consultants that are able to meet the needs that have been identified with effectiveness and efficiency. During an evaluation process, they took into consideration the best value benefits by getting the most favourable and affordable price that includes quality, quantity and the return period/completed. The IT investment is in accordance with the approved allocation ceiling and followed by goodgovernment practices. The IT investment has the ability to encourage technology transfer in line with the current needsof the ICT sector. Although the responder has the knowledge of what is the criteria that the evaluation committeeuses during an evaluation process, he stated in the interview that he has no direct involvement withany evaluation process happening within the committee. Every proposal that was brought to the evaluation committee must come with clear-detailed measurement of the expected payoff from theinvestment. After the evaluation committee is satisfied with the proposal, they will approve the proposal and the department is allowed to do the investment. It is important for the department to keep any transaction or important documentation regarding the investment/purchase being made because after they execute the approved proposal, a follow up evaluation will take place. These follow up evaluations will determine whether it satisfies the criteria that the evaluation committee strictly obey. The responder stated in the interview that on the average, the second evaluation produces positive feedback from the evaluation committee.