A Systematic Approach Toward Assessing the Value of an Information System.

Author List: Ahituv, Niv;
MIS Quarterly, 1980, Volume 4, Issue 4, Page 61-75.
A multiattribute utility approach is adopted to assess the value of an information system. Various economic analyses of the value of information are reviewed and the conceptual problems regarding the definition of this value and some measurement difficulties are discussed. A list of possible utility attributes is proposed for a reporting system value assessment, and for each attribute a measure and a utility function is suggested. Some techniques which constitute a joint utility function are presented, accompanied by two examples. A real case of minicomputer selection is given in order to illustrate the structured approach.
Keywords: information economics; Information evaluation; system selection
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#44 0.281 approach analysis application approaches new used paper methodology simulation traditional techniques systems process based using proposed method present provides various
#143 0.187 value business benefits technology based economic creation related intangible cocreation assessing financial improved key economics assess question created create understanding
#240 0.154 systems information management development presented function article discussed model personnel general organization described presents finally computer-based role examined functional components
#263 0.140 instrument measurement factor analysis measuring measures dimensions validity based instruments construct measure conceptualization sample reliability development develop responses assess use
#141 0.081 information approach article mis presents doctoral dissertations analysis verification management requirements systems list needs including user requirement systematic observation structured
#55 0.066 attributes credibility wikis tools wiki potential consequences gis potentially expectancy shaping exploring related anonymous attribute employing life comment comments 2.0