Information technology investment

Definition
An information technology investment (IT investment) is

"the expenditure of IT resources to address mission delivery and management support. An IT investment may include a project or projects for the development, modernization, enhancement, or maintenance of a single IT asset or group of IT assets with related functionality and the subsequent operation of those assets in a production environment. While each asset or project would have a defined life-cycle, an investment that covers a collection of assets intended to support an ongoing business mission may not."