The Use of Decision Criteria in Selecting Information Systems/Technology Investments.

Author List: Bacon, C. James;
MIS Quarterly, 1992, Volume 16, Issue 3, Page 335-353.
In a competitive environment, selecting and effectively pursuing the right information systems/technology (IST) investments can be a key factor in sustaining corporate viability and prosperity. This study examines the criteria used by 80 organizations in allocating strategic 1ST resources. Senior executives were asked to indicate which of 15 criteria they use in deciding among competing projects. They also identified how frequently the criteria are used and ranked them by importance. The results indicate that criteria such as the support of explicit business objectives and response to competitive systems are now important in selecting IST investments. Although financial criteria are used by most organizations, the extent of analysis and application appears to leave room for improvement.
Keywords: information technology investments; project evaluation and approval; Project selection; systems spending
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List of Topics

#289 0.282 qualitative methods quantitative approaches approach selection analysis criteria used mixed methodological aspects recent selecting combining known conclusions included article appropriateness
#150 0.153 issues management systems information key managers executives senior corporate important importance survey critical corporations multinational managing interviews study results concerns
#123 0.099 information strategy strategic technology management systems competitive executives role cio chief senior executive cios sis support organization officer position ceos
#271 0.088 technology investments investment information firm firms profitability value performance impact data higher evidence diversification industry payoff return findings decisions greater
#137 0.063 phase study analysis business early large types phases support provided development practice effectively genres associated different sensemaking including form technologies
#250 0.058 enterprise improvement organizations process applications metaphors packaged technology organization help knows extends improved overcoming package learning better evolution build lead