Evaluation of lnvestments in lnformation Technology: Preliminary Research Findings 1

This paper sterns from a doctoral research project that studies the evaluation and prioritization of investments in information technology. It presents some preliminary research findings. First, the notions IT investment and evaluation are discussed. Second, a review and assessment of current approaches is given. Four main approaches are discerned: the finance-based approach, the multi-criteria scoring approach, the ratio approach and the portfolio approach. Finally, the paper presents some ideas about the continuation of the research project.

[1]  Peter G.W. Keen,et al.  Shaping the Future: Business Design Through Information Technology , 1991 .

[2]  P. Strassmann The business value of computers , 1990 .

[3]  Frank F. Land,et al.  Evaluating investments in IT , 1992, J. Inf. Technol..

[4]  J. L. Bower Managing the resource allocation process: A study of corporate planning and investment , 1970 .

[5]  Marilyn M. Parker,et al.  Enterprisewide Information Economics: Latest Concepts , 1989 .

[6]  B. Santos Justifying investments in new information technologies , 1991 .

[7]  Beat Hochstrasser,et al.  Evaluating IT investments – matching techniques to projects , 1990, J. Inf. Technol..

[8]  M. Parker,et al.  Information Economics: Linking Business Performance to Information Technology , 1988 .

[9]  V. J. Symons,et al.  A review of information systems evaluation: content, context and process , 1991 .

[10]  Michael J. Earl,et al.  Management Strategies for Information Technology , 1989 .

[11]  Peter G. Sassone,et al.  A survey of cost-benefit methodologies for information systems , 1988 .

[12]  Eric K. Clemons,et al.  Strategic Information Technology Investments: Guidelines for Decision Making , 1990, J. Manag. Inf. Syst..

[13]  Eric K. Clemons,et al.  Evaluation of strategic investments in information technology , 1991, CACM.

[14]  Leslie P. Willcocks,et al.  Evaluating Information Technology investments: research findings and reappraisal , 1992, Inf. Syst. J..

[15]  Eugene F. Bedell Computer Solution: Strategies for Success in the Information Age , 1984 .

[16]  P. Sassone,et al.  Cost-Benefit Analysis: A Handbook , 1978 .