Measuring Information Technology Investment Payoff: Contemporary Approaches (Series in Information Technology Management) |  | Authors: Mo Adam Mahmood, Edward J. Szewczak
Publisher: IGI Global
Category: Book
Buy New: $139.95
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Seller: Amazon.com
Rating:  1 reviews
Sales Rank: 2,307,897
Media: Hardcover
Pages: 556
Number Of Items: 1
Shipping Weight (lbs): 2
Dimensions (in): 9.6 x 6.5 x 1.4
ISBN: 187828942X
Dewey Decimal Number: 658.152
EAN: 9781878289421
ASIN: 187828942X
Publication Date: October 1998
Availability: Usually ships in 24 hours
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| Editorial Reviews:
Product Description
It would seem that business investment in information technology (IT) is at root no different from business investment in anything else. After a careful consideration of the costs of the investment and its anticipated benefits, a decision is made as to whether the benefits of the investment outstrip the costs and by how much. If the benefits are competitive with other investment alternatives (say, a major marketing campaign), then the business will commit financial resources to the IT proposal. Otherwise it won't. This decision making process is at the heart of capital budgeting. Senior executives have been making IT investment decisions for well over three decades. So why is the measurement of IT investment payoff so difficult and controversial? Why do we need a book dealing with contemporary approaches to measuring IT investment payoff? Why have earlier approaches to measuring IT investment payoff proven unsatisfactory? In what respects have earlier approaches fallen short? Do we need to scrap earlier approaches entirely or can we find important improvements to these approaches such that they can be newly applied to effectively measure IT investment payoff in ways that are convincing to senior management? This book will help you to find improvements in existing methods for measuring IT investment payoff as well as to find new, innovative methods for addressing the value of emerging IT.
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| Customer Reviews:
Excellent publication for measuring retuns on IT investments December 14, 1998
m1k@psu.edu, M. Khosrow-Pour, Penn State University (USA)
11 out of 11 found this review helpful
This is a valuable publication that provides a wealth of information in the area of measuring returns on Information Technology investments in organizations. The book addresses many critical issues of assessing IT investment payoffs in a very clear and systematic fashion.While many publications have addressed the issue of adaptation and integration of IT in modern organizations, not too many publications have addressed the issue of ways for measuring IT investment payoffs. In recent years, many organizations have resorted to outsourcing options and other alternatives due to the lack of full understanding of how to measure returns on their IT investment. While much have been said about advantages and potentials of IT in organizations, many IT managers have failed to develop a concrete method of measuring the payoffs on their various investment in information technology resources. This lack of accountability have created many doubts in the mind of upper management that returns on IT investment can not be measured accurately. In my opinion, this book provides a significant contribution to the body of knowledge that is seriously needed to understand the issue of measuring IT investment payoffs. It also provides many techniques for carrying out programs that can allow IT management to bring accountability to their organizations. Overall, this is an excellent book for those who are interested to learn and apply the concepts of measuring IT investment payoffs.
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