Search results for "benefit assessment"
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ISEBA – A Framework for IS Evolution Benefit Assessment
2005
Decisions regarding information system evolution strategy, including modernization or replacement, are economically significant. Selection of a proper method for analyzing potential options, acquisition of suitable metrics or follow-up data, and evaluation of the results are major challenges in the evolution strategy decision making. In order to address these challenges, a framework for Information System Evolution Benefit Assessment (ISEBA) was developed. ISEBA provides assistance in the selection of a benefit-evaluation method for the investment situation at hand. It is based on empirical research on industrial decision making and co-operation projects, and examination of existing researc…
IS evolution benefit assessment: Challenges with economic investment criteria
2007
Maintenance and system evolution activities have a significant role in the information system (IS) life cycle. It has been estimated that approximately 80% of the total IT expenses are allocated for maintenance activities [20]. According to Lehman’s first law, maintenance is necessary, because software needs to be continuously improved or it will get out of date and cannot respond to the requirements of its environment [19]. Despite the importance of IS evolution investments, there is a gap between the IT related costs and company profitability [27]. Brynjolfssen [10] described this as a productivity paradox: information technology utilization has increased since the 70’s but simultaneously…