Title :
Justification of IT investment
Author :
Richmond, Ian M.
Author_Institution :
Sartner Group, Windsor, UK
Abstract :
Increasingly organisations are required to invest in new technology to create an IT infrastructure. The question arises how to justify the infrastructure investment when the activities that generate the benefit are subject to future management decisions. If the decision has already been made then the benefits can be directly incorporated into the business justification. The goal of this paper is to draw attention to the application of option analysis, look at the impact of technical maturity on investment justification and review the position of concurrent art-to-product environments, CAPE
Keywords :
commerce; concurrent engineering; economics; investment; research and development management; CAPE; IT investment; R&D; business justification; concurrent art-to-product environments; concurrent engineering; infrastructure; management; option analysis; technical maturity;
Conference_Titel :
Current Developments in Concurrent Engineering - Methodologies and Tools, IEE Colloquium on
Conference_Location :
London