Decision-making models applied to IT Project selection considering intangible assets

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Abstract

How to identify the best IT project to invest in? Investing means spending resources with the intention of obtaining future benefits. Can this evaluation be done in a sustained way that minimizes the failure of a wrong choice and, therefore, some way to guarantee those benefits? This study intends to help answer these questions by building a decision-making tool, based on the existing multipurpose and adapting it to the reality of the IT Project Portfolio. The tool design is based on an in-depth analysis of IT projects, valuing their tangible and intangible characteristics to facilitate the organization’s management or decision-makers. Following an inductive thinking, the real decision making matrices shall be dissected to establish a future generalization in the form of a new tool to be applied to a specific scenario. A mixed strategy will be adopted (quantitative strategy to establish cause-effect relationships and qualitative strategy to understand the intangible factors associated with IT projects).
Original languageEnglish
Pages (from-to)947-953
Number of pages7
JournalProcedia Computer Science
Volume239
Early online date25 Jul 2024
DOIs
Publication statusPublished - 2024
EventCENTERIS 2023 – International Conference on ENTERprise Information Systems / ProjMAN - International Conference on Project MANagement / HCist - International Conference on Health and Social Care Information Systems and Technologies 2023 - Porto Palácio Congress & SPA Hotel, Porto, Portugal
Duration: 8 Nov 202310 Nov 2023
Conference number: 15
https://centeris.scika.org/?page=home

Keywords

  • Decision-making Models
  • Intangible
  • Portfolio
  • IT Project Selection

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