Justifying investments in new information technologies
Journal of Management Information Systems
Strategic management of information technology investments: an options perspective
Strategic information technology management
A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investment
Information Systems Research
Balancing Agility and Discipline: A Guide for the Perplexed
Balancing Agility and Discipline: A Guide for the Perplexed
Competing in the Information Age: Align in the Sand
Competing in the Information Age: Align in the Sand
HICSS '04 Proceedings of the Proceedings of the 37th Annual Hawaii International Conference on System Sciences (HICSS'04) - Track 8 - Volume 8
Real Options and IT Platform Adoption: Implications for Theory and Practice
Information Systems Research
Price-at-Risk: A methodology for pricing utility computing services
IBM Systems Journal
Valuing information technology infrastructures: a growth options approach
Information Technology and Management
Journal of Management Information Systems
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
Software development governance and its concerns
Proceedings of the 1st international workshop on Software development governance
Technical creativity and the challenge of "governing" software development
Proceedings of the 1st international workshop on Software development governance
Toward governance of emergent processes and adaptive organizations
Proceedings of the 1st international workshop on Software development governance
On optimizing the selection of business transformation projects
IBM Systems Journal
Electronic Commerce Research and Applications
Journal of Management Information Systems
Risk Management of Contract Portfolios in IT Services: The Profit-at-Risk Approach
Journal of Management Information Systems
Research Note---A Value-at-Risk Approach to Information Security Investment
Information Systems Research
Should We Go Our Own Way? Backsourcing Flexibility in IT Services Contracts
Journal of Management Information Systems
The application of real options to ERP investment valuation
ICOSSSE'10 Proceedings of the 9th WSEAS international conference on System science and simulation in engineering
A public procurement combinatorial auction mechanism with quality assignment
Decision Support Systems
An Interdisciplinary Perspective on IT Services Management and Service Science
Journal of Management Information Systems
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Little research has examined how to prioritize a portfolio of software projects. When project interdependencies are considered, the complexity of prioritizing even a small number of projects poses computational and evaluative challenges. We develop a prioritization approach to integrate real option analysis with a project portfolio optimization model. Our approach makes information technology (IT) portfolio risk management and valuation a meaningful tool for managers. Using real-world data, we implement the portfolio optimization model in a computationally feasible manner and demonstrate the superiority of our integrated optimization model. Our approach helps managers to make effective decisions, such as for investments in a service-oriented architecture, to enable flexible IT capabilities. When adaptability is paramount to success, managers can utilize our methods to inform themselves about the optimal timing of technology adoption decisions. Managers should recognize that IT investment decisions consist of many contingencies, so it is important to balance project-specific risks with the potential value derived across a multiperiod horizon. This permits us to make a contribution to the emerging discipline of software development governance in support of senior management decision making.