USF St. Petersburg campus Faculty Publications
A multi-objective, multi-criteria approach for evaluating IT investments: Results from two case studies.
Document Type
Article
Publication Date
2004
ISSN
1040-1628
Abstract
While information technology investments have the potential for providing competitive advantage, actual returns on such investments have varied widely and a majority of CEOs rank IT investments as disappointing. Numerous methods exist for investment evaluation, but traditional methods do not adequately account for the intangible benefits that characterize strategic investments and lack other features of portfolio selection. This paper describes a model based upon the analytic hierarchy process, combined with integer programming, to overcome the deficiencies associated with traditional approaches to economic evaluation of IT investments. It also presents results of two case studies in which the mode] was used successfully and important contextual factors were observed. The multi-objective, multi-criteria approach was found to reflect both tangible and intangible benefits, link the investment to business strategies, increase management participation in the evaluation process, and provide important features of portfolio selection.
Language
en_US
Publisher
IGI Global
Recommended Citation
Kearns, G. S. (2004). A multi-objective, multi-criteria approach for evaluating IT investments: Results from two case studies. Information Resources Management Journal, 17(1), 37-62. DOI: 10.4018/irmj.2004010103
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Comments
Abstract only. Full-text article is available only through licensed access provided by the publisher. Published in Information Resources Management Journal, 17(1), 37-62. DOI: 10.4018/irmj.2004010103 Members of the USF System may access the full-text of the article through the authenticated link provided.