Abstract
This article analyzes the usability of a multi-criteria decision analysis based on a real options AHP (ROAHP) method for IT-investment decisions. The study presents ROAHP to Chief Information Officers (CIO’s) and collects their opinions on prerequisites for usability, strengths and weaknesses. To understand these opinions, the opinions are put in an organizational context by profiling their
organization’s strategic decision making process. The study concludes that CIO’s recognize the potential and need of ROAHP but that organizations need much investments in data collection and decision models to make this method useful for its purpose, i.e. increasing IT investment decision rationality. ROAHP lacks usability. Furthermore, this study recommends future research focus on the usability rather than the validity of the method.
organization’s strategic decision making process. The study concludes that CIO’s recognize the potential and need of ROAHP but that organizations need much investments in data collection and decision models to make this method useful for its purpose, i.e. increasing IT investment decision rationality. ROAHP lacks usability. Furthermore, this study recommends future research focus on the usability rather than the validity of the method.
Original language | English |
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Title of host publication | Proceedings 8th Annual Conference of the European Decision Science Institute |
Place of Publication | Grenada |
Publisher | European Decision Sciences Institute |
Number of pages | 26 |
Publication status | Published - May 2017 |
Event | 8th Annual Conference of the European Decision Sciences Institute - Hotel Abades Nevada Palace, Granada, Spain Duration: 29 May 2017 → 1 Jun 2017 Conference number: 8th https://grxworkshop-en.congressus.es/edsi2017 |
Conference
Conference | 8th Annual Conference of the European Decision Sciences Institute |
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Abbreviated title | EDSI 2017 |
Country | Spain |
City | Granada |
Period | 29/05/17 → 1/06/17 |
Internet address |