Title :
Economic Evaluation of Two Types of IT Projects
Author :
Zhang, Jie ; Huang, Dong-bin
Author_Institution :
Sch. of Manage., Tianjin Univ., Tianjin
Abstract :
The economic evaluation models are proposed by using dynamic programming for two types IT projects, purchased project and developing project. Investment decision critical values of IT projects are solved and the relationships between the decision critical values and the factors of the IT project are deeply discussed. The models, which are developed in the paper, are better than others because the assumptions of option pricing models are given up.
Keywords :
dynamic programming; information technology; investment; pricing; project management; share prices; IT projects; dynamic programming; economic evaluation model; investment decision critical values; option pricing models; Application software; Costs; Decision making; Differential equations; Dynamic programming; Environmental economics; Investments; Pricing; Project management; Software engineering;
Conference_Titel :
Advanced Software Engineering and Its Applications, 2008. ASEA 2008
Conference_Location :
Hainan Island
Print_ISBN :
978-0-7695-3432-9
DOI :
10.1109/ASEA.2008.16
