Justifying investments in new information technologies
Journal of Management Information Systems
Decision Support Systems - Special issue: intranets and intranetworking
The It Value Quest: How to Capture the Business Value of It-Based Infrastructure
The It Value Quest: How to Capture the Business Value of It-Based Infrastructure
Managing capacity for telecommunications networks under uncertainty
IEEE/ACM Transactions on Networking (TON)
Managing risks in IT projects: an options perspective
Information and Management
A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investment
Information Systems Research
HICSS '02 Proceedings of the 35th Annual Hawaii International Conference on System Sciences (HICSS'02)-Volume 8 - Volume 8
Information Technology Investment: Decision-Making Methodology
Information Technology Investment: Decision-Making Methodology
Evaluating information security investments using the analytic hierarchy process
Communications of the ACM - Medical image modeling
Prioritizing a Portfolio of Information Technology Investment Projects
Journal of Management Information Systems
On the Valuation of Multistage Information Technology Investments Embedding Nested Real Options
Journal of Management Information Systems
Managing Information Technology Investment Risk: A Real Options Perspective
Journal of Management Information Systems
A model for investment justification in information technology projects
International Journal of Information Management: The Journal for Information Professionals
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After the liberalization of information and communication technology (ICT) markets many potential providers have appeared. Thus, business complexity, for ICT decision makers, has increased. In this paper, we focus on the problem of selecting the optimal business evolution path for ICT, focusing on the broadband technology (BT) field. Traditional quantitative cost-benefits analysis, such as net present value (NPV), is by no means sufficient for capturing the complexity of the problem in its entire. Researchers suggest the real options (ROs) for valuating ICT investments. However, RO models are strictly quantitative and very often ICT investments may also contain qualitative factors, which cannot be quantified in monetary terms. In addition, ROs analysis itself brings to the ''surface'' some factors that can be more efficiently treated qualitatively. We combine the ROs and analytic hierarchy process (AHP) into a common decision analysis framework providing an integrated multicriteria model, called ROAHP, for prioritizing ICT business alternatives. The proposed model is applied to a real life BT business case, showing how it can be formulated and solved.