Original scientific paper
Generic approach in choice of adequate methodology for the assessment of it investments
Melita Kozina
; Faculty of Organization and Informatics, University of Zagreb, Varaždin, Croatia
Abstract
Investments into information technology (IT), (hereinafter: IT investments) have reached very high figures, which are still continually on the rise. IT potentials are being used in an increasing number of ways. Various company managers have different approaches to this issue. A large number of methods/models for the assessment of IT investments is available, so the question is posed of how to choose the adequate assessment category. The said reasons have initiated a need for defining the generic approach in the choice of adequate methodology for the assessment of IT investments, which was indeed the goal of this paper. General ideas to this approach stem from the fact that each IT investment has its purpose and belongs to a certain type of IT investment (decision-making aspect) which demands its relevant methodology for assessing IT investments. Two groups of demands (conditions) have been defined in choosing relevant methodology. The first group pertains to methodology analysis and determination of its compatibility with characteristics of the defined decision-making aspect. The second group of conditions pertains to methodology analysis with respect to its possibilities (abilities) of integrating quantity, quality and risk factors of IT decision. Conducted field research shows that the assessment of IT investments has been done mainly using simpler methods/models and their combinations, and is focused on quantity aspects of IT values.
Keywords
IT investment; general ideas in IT investments assessment approach
Hrčak ID:
78220
URI
Publication date:
15.6.2005.
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