ISSN:
0025-1747
Source:
Emerald Fulltext Archive Database 1994-2005
Topics:
Economics
Notes:
Many of the financial instruments used in classic investment analysis do not apply to typical information technology investment decision making because of the multi-criteria and multi-objective nature of the problem. This is particularly true when integrating strategic, tactical, and operations planning objectives in the decision. One approach for making IT investment decisions is a multi-objective goal programming (GP) model proposed by Talluri in 2000. The purpose of our paper is twofold: to demonstrate how a simple ranking/scoring method can be used in place of the more involved Talluri GP modeling approach if only a solution is required; and, in decision situations where solution justification is desired, to explain how GP extension methodologies can be incorporated into the analysis to generate information to determine a solution's reliability and identify economic tradeoffs that can be used to improve an existing solution.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1108/00251740310445527
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