By Marc J. Schniederjans
Deals a close set of systems and methodologies for making improvements to IT funding decision-making. provides either monetary funding types and intricate decision-making types. for college kids.
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Additional resources for Information Technology Investment: Decision-Making Methodology
314,2000, pp. 196-220. Stratopoulos, T. ” Information and Management, Vol. 38, No. 2, 2000, pp. 103-117. W. , “Information Technology and Productivity: A Comparison of Japanese and Asia-Pacific Banks,” Journal of High Technology Management Research, Vol. 14 No. 2,2003, pp. 269-289. Sylla, C. , “A Conceptual Framework for Evaluation of IT Investments,” International Journal of Technology Management, Vol. 24, Nos. 213, 2002, pp. 236-261. Weill, P. , “Managing Investment in Information Technology: Mini Case Examples and Implications,” MIS Quarterly, Vol.
At the tactical planning stage it is expected that middle-level managers will implement the goals and objectives defined at the prior strategy stage. The planning now becomes a matter of how to implement Introduction to Information Technology Investment Decision-Making Methodology 15 the stated goals and objectives. While the strategic plan might have a five year schedule, the tactical plan would break this down into smaller time periods, usually what must be done each year to accomplish the longer-term strategic goals.
Software While bundling makes software application difficult to compare, the costs of the basic purchase decision can and must be compared to make a decision. ) must also be factored into the decision process. Personnel Some systems require additional personnel and others only require a reassignment of existing staff. This would also include management costs Hardware maintenance Monthly or yearly fees that are required as a part of a purchase agreement on the IT. Warranty Some warrantees are included in the purchase price of IT and some require additional fees for maintenance service or replacement.
Information Technology Investment: Decision-Making Methodology by Marc J. Schniederjans