Measuring Information Technology Investment Payoff

Measuring Information Technology Investment Payoff PDF Author: Mo Adam Mahmood
Publisher: IGI Global
ISBN: 9781878289421
Category : Computers
Languages : en
Pages : 584

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Book Description
It would seem that business investment in information technology (IT) is at root no different from business investment in anything else. After a careful consideration of the costs of the investment and its anticipated benefits, a decision is made as to whether the benefits of the investment outstrip the costs and by how much. If the benefits are competitive with other investment alternatives (say, a major marketing campaign), then the business will commit financial resources to the IT proposal. Otherwise it won't. This decision making process is at the heart of capital budgeting. Senior executives have been making IT investment decisions for well over three decades. So why is the measurement of IT investment payoff so difficult and controversial? Why do we need a book dealing with contemporary approaches to measuring IT investment payoff? Why have earlier approaches to measuring IT investment payoff proven unsatisfactory? In what respects have earlier approaches fallen short? Do we need to scrap earlier approaches entirely or can we find important improvements to these approaches such that they can be newly applied to effectively measure IT investment payoff in ways that are convincing to senior management? This book will help you to find improvements in existing methods for measuring IT investment payoff as well as to find new, innovative methods for addressing the value of emerging IT.0000 ø0.

Measuring Information Technology Investment Payoff

Measuring Information Technology Investment Payoff PDF Author: Mo Adam Mahmood
Publisher: IGI Global
ISBN: 9781878289421
Category : Computers
Languages : en
Pages : 584

Get Book Here

Book Description
It would seem that business investment in information technology (IT) is at root no different from business investment in anything else. After a careful consideration of the costs of the investment and its anticipated benefits, a decision is made as to whether the benefits of the investment outstrip the costs and by how much. If the benefits are competitive with other investment alternatives (say, a major marketing campaign), then the business will commit financial resources to the IT proposal. Otherwise it won't. This decision making process is at the heart of capital budgeting. Senior executives have been making IT investment decisions for well over three decades. So why is the measurement of IT investment payoff so difficult and controversial? Why do we need a book dealing with contemporary approaches to measuring IT investment payoff? Why have earlier approaches to measuring IT investment payoff proven unsatisfactory? In what respects have earlier approaches fallen short? Do we need to scrap earlier approaches entirely or can we find important improvements to these approaches such that they can be newly applied to effectively measure IT investment payoff in ways that are convincing to senior management? This book will help you to find improvements in existing methods for measuring IT investment payoff as well as to find new, innovative methods for addressing the value of emerging IT.0000 ø0.

Information Technology Investment

Information Technology Investment PDF Author: Marc J. Schniederjans
Publisher: World Scientific
ISBN: 981428257X
Category : Business & Economics
Languages : en
Pages : 465

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Book Description
From the individual to the largest organization, everyone today has to make investments in IT. Making a smart investment that will best satisfy all the necessary decision-making criteria requires careful and inclusive analysis. This textbook provides an up-to-date, in-depth understanding of the methodologies available to aid in this complex process of multi-criteria decision-making. It guides readers on the process of technology acquisition ? what methods to use to make IT investment decisions, how to choose the technology and justify its selection, and how the decision will impact the organization.Unique to this textbook are both financial investment models and more complex decision-making models from the field of management science so that readers can extend the analysis benefits to enhance and confirm their IT investment choices. The wide range of methodologies featured in the book gives readers the opportunity to customize their best-fit solutions for their unique IT decision situation. This textbook is especially ideal for educators and students involved in programs dealing with technology management, operations management, applied finance, operations research, and industrial engineering.A complimentary copy of the ?Instructor's Manual and Test Bank? and the PowerPoint presentations of the text materials are available for all instructors who adopt this book as a course text. Please send your request to [email protected].

Information Technology Investment

Information Technology Investment PDF Author: Marc J. Schniederjans
Publisher: World Scientific
ISBN: 9789812386953
Category : Computers
Languages : en
Pages : 424

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Book Description
From the individual to the largest organization, everyone today has to make investments in information technology. Making a good investment that will best satisfy all the necessary decision criteria requires a careful and inclusive analysis. "Information Technology Investment: Decision-Making Methodology is a textbook that will provide the understanding of methodologies available to aid in this area of complex, multi-criterion decision-making. It presents a detailed, step-by-step set of procedures and methodologies that readers can use immediately to improve their IT investment decision-making. Unique to this textbook are both financial investment models and more complex decision-making models from management science, so users can extend the analysis benefits to confirm and enhance the ideal IT investment choices.

Success and Pitfalls of Information Technology Management

Success and Pitfalls of Information Technology Management PDF Author: Mehdi Khosrowpour
Publisher: IGI Global
ISBN: 9781878289568
Category : Technology & Engineering
Languages : en
Pages : 260

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Book Description
Some of the most powerful tools in the hands of educators, researchers and managers are documented cases based on real-life experiences of others. This is particularly true for IT implementation and implications. Success and Pitfalls of Information Technology Management is a collection of actual, real-life cases dealing with a variety of issues in the overall utilization of IT in organizations.

IT Investment in Developing Countries

IT Investment in Developing Countries PDF Author: Sam Lubbe
Publisher: IGI Global
ISBN: 9781878289551
Category : Computers
Languages : en
Pages : 244

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Book Description
IT Investment in Developing Countries: An Asse4ssment of Practical Guideline offers an assessmentof the effectiveness of IT investment in developing countries. It quantifies IT investment expenditures and the problem of measuring the intangible benefits of IT.

The Effective Measurement and Management of ICT Costs and Benefits

The Effective Measurement and Management of ICT Costs and Benefits PDF Author: Dan Remenyi
Publisher: Elsevier
ISBN: 0080488757
Category : Business & Economics
Languages : en
Pages : 405

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Book Description
This is a new and extensively updated edition of one of leading and authoritive books on the subject of IT costs and benefits. Since it was first published in the early 1990s, this book has established itself as the most comprehensive and complete approach to understanding the economics of how information is used to boost the efficiency or effectiveness of companies. The ideas in this book are used extensively in business, and the book is widely adopted and recommended at leading business schools around the world.This book will show you:How to use cost benefits analysis or business case accountingHow to use user satisfaction surveys and value for money studiesHow to integrate IT benefit delivery into IT project managementThis book covers a wide spectrum of IT cost and benefit solutions, ranging from business case accounting and user satisfaction studies right through to the business processes which need to be in place in order to ensure the effective measurement and management of IT costs and benefits. This book takes you through a basic understanding of the issues involved and onto the detail of how to perform the techniques required to measure and thus mange IT costs and benefits.The rapidly increasing level of expenditure on information technology in most organisations is one reason why IT benefits management has become an important business concern. Top management have begun to insist that much more attention be paid to the economic aspects of information systems. put the difficulties with IT benefits behind youmeasure IT benefits and manage their deliveryknow what measurement tools are available for the taskNew to the third edition: The evolution of thinking in ICT costs and benefits; management instinct; the chapter on Identification and Treatment of ICT costs is replaced with a more thorough treatment of the subject; the chapter on Risk Analysis is expanded by 50% with new and latest thinking on the subject; new chapters on: ICT evaluation as a political act, and the evaluation of an outsourcing contract. Extensive revisions of the material through out bring the book up-to-date with the latest thinking and evaluation techniques complete with a number of suggested websites through out the book where more information about the subject may be found.Covers all the practical aspects of business case accounting, ranking techniques and user information system surveys in connection with the effective measurement and management of IT costs and benefitsIdentifies a basic framework to help you understand the economic and financial issues of information technology investmentGives you evaluation concepts as well as several approaches to cost and benefit measurement Provides you with an IT Assessment Metric (ITAM) - which allows you to measure your firms progress towards obtaining maximum value from information technology procured* Gives you a basic framework to help you understand the economic and financial issues of IT investment* Covers all practical aspects of business case accounting, ranking techniques, user information system surveys IT costs and benefits analysis* Provides you with an IT Assessment Metric - allows you to measure your firms progress towards obtaining maximum value from information technology procured

Information Technology Evaluation Methods and Management

Information Technology Evaluation Methods and Management PDF Author: Wim Van Grembergen
Publisher: IGI Global
ISBN: 1930708874
Category : Computers
Languages : en
Pages : 292

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Book Description
The evaluation of IT and its business value are the subject of many academic and business discussions. Investments in IT are growing extensively, and business managers worry about the fact that the benefits might not be as high as expected. This phenomenon is often called the IT investment paradox or the IT Black Hole: large sums are invested in IT that seem to be swallowed by a large black hole without rendering many returns. How to measure the benefits of IT is the concern of this book titled Information Technology Evaluation Methods and Management. The different IT evaluation approaches and methods are discussed and illustrated with cases: traditional financial evaluations such as the return on investment, information economics and the recently introduced IT Balanced Scorecard. The latter approach is proposed as an ideal mechanism to support the IT/business alignment process and its related IT governance process. Among some of the topics included in this book are: software measurement; ERP project evaluation; strategic electronic commerce evaluation.

Creating Business Value with Information Technology

Creating Business Value with Information Technology PDF Author: Namchul Shin
Publisher: IGI Global
ISBN: 9781931777919
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
"Addressing questions raised by managers and researchers over the last decade on the business value of information technology (IT), this book provides business professionals with a more precise rationale for making IT investments by detailing how computerization does not automatically create business value, but is one essential component that should be coupled with organizational changes such as new strategies, new business processes, and new organizational structures."

Annals of Cases on Information Technology Applications and Management in Organizations

Annals of Cases on Information Technology Applications and Management in Organizations PDF Author: Mehdi Khosrowpour
Publisher: IGI Global
ISBN:
Category :
Languages : en
Pages : 250

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Book Description


Software Process Improvement

Software Process Improvement PDF Author: Eugene McGuire
Publisher: IGI Global
ISBN: 9781878289544
Category : Computers
Languages : en
Pages : 260

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Book Description
Software Process Improvement (SPI) efforts are being undertaken by organizations of all types and sizes as they attempt to deal with the challenges of quality, complexity and competitiveness. Software process improvement efforts rely on the successful integration of many technical, organizational and methodological issues. SPI has provided a rich field for both conceptual and practical research in industry and academia. Software Process Improvement: Concepts and Practices provides the opportunity for rich socio-technical and interdisciplinary studies in addition to those studies that primarily focus on process and/or enabling technology issues. This book addresses numerous aspects of SPI program development, implementation, trends, opportunities and future challenges in organizations.