Which of the following is a step in the Value of Investment (VOI) assessment?

Calculating anticipated savings and revenues is a critical step in the Value of Investment (VOI) assessment because it provides a quantitative basis for determining the potential return on investment associated with a particular project or technology implementation. This process involves estimating how much financial benefit the organization expects to gain as a result of the investment compared to the costs incurred. By analyzing anticipated savings and revenues, educational institutions can make informed decisions about whether to proceed with specific technologies or initiatives, aligning these financial projections with strategic goals and ensuring accountability for resource allocation.

Each of the other choices represents important considerations in their own rights, but they do not directly pertain to the fundamental process of assessing the value of an investment in the same way. For example, evaluating funding sources and assessing vendor performance are relevant to overall project viability and operational effectiveness, while reviewing existing technology infrastructure focuses on current capabilities rather than the prospective financial outcomes of a new investment. Thus, calculating anticipated savings and revenues stands out as the essential component of the VOI assessment process.