A multi-objective constrained resource information system project selection method

Abstract This paper demonstrates the application of a zero-one goal programming model as a decision method for selecting information system (IS) projects. This paper illustrates the importance of using multi-objective, constrained resource modeling in IS project selection decision making. A comparative example demonstrating the consequences for a regional utility company that used the more common ranking selection methods is presented as a case study. The results changed the utility company's selection process by showing how IS management resources can be saved and how the typical IS project selection criteria can be easily incorporated into a model for improved decision making.

[1]  Tor Guimaraes,et al.  Selecting MIS projects by steering committee , 1985, CACM.

[2]  F. McFarlan,et al.  Corporate Information Systems Management: Issues Facing Senior Executives , 1995 .

[3]  Sang M. Lee,et al.  Capital Budgeting for Multiple Objectives , 1974 .

[4]  John Leslie King,et al.  Cost-Benefit Analysis in Information Systems Development and Operation , 1978, CSUR.

[5]  William R. King,et al.  Strategic Planning for Management Information Systems , 1978, MIS Q..

[6]  Joseph M. Mellichamp,et al.  BALLISTIC MISSILE DEFENSE TECHNOLOGY MANAGEMENT WITH GOAL PROGRAMMING , 1980 .

[7]  James P. Ignizio,et al.  Linear Programming in Single- and Multiple-Objective Systems , 1984 .

[8]  B. L. Dos Santos,et al.  Selecting information systems projects: problems, solutions and challenges , 1989 .

[9]  Stelios H. Zanakis,et al.  A categorized bibliographic survey of goal programming , 1985 .

[10]  Thomas L. Saaty,et al.  Decision Making, Scaling, and Number Crunching , 1989 .

[11]  Jr. Henry C. Lucas,et al.  A Multiple-Criterion Scoring Approach To Information System Project Selection , 1976 .

[12]  Marc J. Schniederjans,et al.  Linear Goal Programming , 1984 .

[13]  Arthur J. Keown,et al.  INTEGER GOAL PROGRAMMING IN ADVERTISING MEDIA SELECTION , 1979 .

[14]  Gordon B. Davis,et al.  Three stage model of MIS planning , 1983, Inf. Manag..

[15]  F. W. McFarlan,et al.  Portfolio approach to information systems , 1989 .

[16]  Peter B. B. Turney,et al.  Transfer Pricing Management Information Systems , 1977, MIS Q..

[17]  Christopher K. McKenna Quantitative methods for public decision making , 1980 .

[18]  W Thomas Lin,et al.  A survey of goal programming applications , 1980 .

[19]  William E. Souder,et al.  A Scoring Methodology for Assessing the Suitability of Management Science Models , 1972 .

[20]  Richard G. Hayward,et al.  Developing an information systems strategy , 1987 .

[21]  Phillip Ein-Dor,et al.  Strategic Planning for Management Information Systems , 1978 .

[22]  Sang M. Lee,et al.  Goal programming for decision analysis , 1972 .

[23]  Burton V. Dean,et al.  Scoring and Profitability Models for Evaluating and Selecting Engineering Projects , 1965 .

[24]  Henry C. Lucas,et al.  Computer based information systems in organizations , 1973 .

[25]  M. Buss How to rank computer projects. , 1983, Harvard business review.

[26]  Gabriel R. Bitran,et al.  Linear multiple objective programs with zero–one variables , 1977, Math. Program..

[27]  Marc J. Schniederjans,et al.  An intelligent decision support system for information system project selection , 1989 .

[28]  A. Charnes,et al.  Management Models and Industrial Applications of Linear Programming , 1961 .

[29]  Michael J. Ginzberg Improving MIS project selection , 1979 .