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Title: Theoretical optimisation of IT/IS investments: A research note
Authors: Sharif, AM
Irani, Z
Keywords: Investment Decision Making; IT Evaluation
Issue Date: 1999
Publisher: Emerald
Citation: Logistics Information Management.12 (2) 189-196
Abstract: The justification of Information Technology (IT) is inherently fuzzy, both in theory and practice. The reason for this is due to the largely intangible dimensions of IT projects. In view of this, this research note presents the results of on-going research, in the application of Fuzzy Cognitive Mapping (FCM), as a tool to identify complex functional interrelationships associated with the justification of IT. This paper presents a theoretical functional model which describes these relationships, and by using an FCM, further interrelationships are developed in the context of justifying IT projects. A procedure which would address the optimisation of these intangible relationships in the form of a Genetic Algorithm (GA) is proposed as a process for Investment Justification.
Appears in Collections:Business and Management
Brunel Business School Research Papers

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