IT investment decision making: Usability of a normative model

Fons Wijnhoven; Vincent Poot; Hans Heerkens

IT investment decision making: Usability of a normative model

Fons Wijnhoven, Vincent Poot, Hans Heerkens

Industrial Engineering & Business Information Systems

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

51 Downloads (Pure)

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.

Original language	English
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
Abbreviated title	EDSI 2017
Country	Spain
City	Granada
Period	29/05/17 → 1/06/17
Internet address	https://grxworkshop-en.congressus.es/edsi2017

Access to Document

IT investment decisions EDSI Final Mar 23 2017 PUBLICAccepted author version, 301 KBLicence: CC BY

Cite this

@inproceedings{20e91b25b1b54549ad61cdb29ffc9fb4,

title = "IT investment decision making: Usability of a normative model",

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{\textquoteright}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 theirorganization{\textquoteright}s strategic decision making process. The study concludes that CIO{\textquoteright}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.",

author = "Fons Wijnhoven and Vincent Poot and Hans Heerkens",

year = "2017",

month = may,

language = "English",

booktitle = "Proceedings 8th Annual Conference of the European Decision Science Institute",

publisher = "European Decision Sciences Institute",

address = "United States",

note = "8th Annual Conference of the European Decision Sciences Institute , EDSI 2017 ; Conference date: 29-05-2017 Through 01-06-2017",

url = "https://grxworkshop-en.congressus.es/edsi2017",

}

TY - GEN

T1 - IT investment decision making

T2 - 8th Annual Conference of the European Decision Sciences Institute

AU - Wijnhoven, Fons

AU - Poot, Vincent

AU - Heerkens, Hans

N1 - Conference code: 8th

PY - 2017/5

Y1 - 2017/5

N2 - 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 theirorganization’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.

AB - 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 theirorganization’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.

M3 - Conference contribution

BT - Proceedings 8th Annual Conference of the European Decision Science Institute

PB - European Decision Sciences Institute

CY - Grenada

Y2 - 29 May 2017 through 1 June 2017

ER -

IT investment decision making: Usability of a normative model

Abstract

Conference

Access to Document

Fingerprint

Cite this