Justifying investments in new information technologies
Journal of Management Information Systems
Capital budgeting in information systems development
Information and Management
Strategic management of information technology investments: an options perspective
Strategic information technology management
The role and value of information technology infrastructure: some empirical observations
Strategic information technology management
Principles of Corporate Finance with Cdrom
Principles of Corporate Finance with Cdrom
Diffusion of Electronic Data Interchange
Diffusion of Electronic Data Interchange
A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investment
Information Systems Research
Software Design Decisions As Real Options
Software Design Decisions As Real Options
Journal of Management Information Systems
Evaluating Componentized Enterprise Information Technologies: A Multiattribute Modeling Approach
Information Systems Frontiers
Advanced topics in information resources management
Rental software valuation in IT investment decisions
Decision Support Systems
A real option analysis approach to evaluating digital government investment
dg.o '05 Proceedings of the 2005 national conference on Digital government research
Integrating option model and knowledge management performance measures: an empirical study
Journal of Information Science
Knowledge management performance evaluation: a decade review from 1995 to 2004
Journal of Information Science
A contingency view of organizational infrastructure requirements engineering
Proceedings of the 2006 ACM symposium on Applied computing
Analytical network process for software selection in product development: A case study
Journal of Engineering and Technology Management
Valuing information technology infrastructures: a growth options approach
Information Technology and Management
Information Systems Research
A Framework for Assessing the Business Value of Information Technology Infrastructures
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
Proceedings of the 39th conference on Winter simulation: 40 years! The best is yet to come
Understanding technochange in ERP implementation through two case studies
International Journal of Information Systems and Change Management
Complementing approaches in ERP effort estimation practice: an industrial study
Proceedings of the 4th international workshop on Predictor models in software engineering
Fuzzy Real Option Analysis for IT Investment in Nuclear Power Station
ICCS '07 Proceedings of the 7th international conference on Computational Science, Part III: ICCS 2007
Journal of Management Information Systems
Risk Management of Contract Portfolios in IT Services: The Profit-at-Risk Approach
Journal of Management Information Systems
Journal of Management Information Systems
Uncertainty in ERP Effort Estimation: A Challenge or an Asset?
IWSM/Metrikon/Mensura '08 Proceedings of the International Conferences on Software Process and Product Measurement
Information Systems Management
A compound real option and AHP methodology for evaluating ICT business alternatives
Telematics and Informatics
Investments in Information Security: A Real Options Perspective with Bayesian Postaudit
Journal of Management Information Systems
The Role of ERP Implementation in Enabling Digital Options: A Theoretical and Empirical Analysis
International Journal of Electronic Commerce
A Fuzzy Group Decision Approach to Real Option Valuation
RSFDGrC '07 Proceedings of the 11th International Conference on Rough Sets, Fuzzy Sets, Data Mining and Granular Computing
A multi-criteria game theory and real-options model for irreversible ICT investment decisions
Telecommunications Policy
Effects of Organizational Learning and Knowledge Transfer on Investment Decisions Under Uncertainty
Journal of Management Information Systems
EGOVIS'10 Proceedings of the First international conference on Electronic government and the information systems perspective
ICAT investment appraisal using real options
ICCOMP'06 Proceedings of the 10th WSEAS international conference on Computers
The valuation of RFID investment using fuzzy real option
Expert Systems with Applications: An International Journal
An Interdisciplinary Perspective on IT Services Management and Service Science
Journal of Management Information Systems
What drives global ICT adoption? Analysis and research directions
Electronic Commerce Research and Applications
Measurement practices for knowledge management: an option perspective
CAiSE'05 Proceedings of the 17th international conference on Advanced Information Systems Engineering
Knowledge risks in organizational networks: The practice perspective
The Journal of Strategic Information Systems
Resolving uncertainty and creating value from the exercise of e-commerce investment options
Information Systems Journal
Evaluating the impact of IT investments on productivity: a causal analysis at industry level
International Journal of Information Management: The Journal for Information Professionals
(Hidden) social influences in switching mobile service platforms
Proceedings of the 14th Annual International Conference on Electronic Commerce
Research Note---Using Real Options to Investigate the Market Value of Virtual World Businesses
Information Systems Research
Evaluate IT Investment Opportunities Using Real Options Theory
Information Resources Management Journal
The Institutionalization of IT Budgeting: Empirical Evidence from the Financial Sector
Information Resources Management Journal
Information Resources Management Journal
Understanding the Link Between Initial ERP Systems and ERP-Enabled Adoption
Information Resources Management Journal
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In recent years, the use of option pricing models to support IT investment decisions has been proposed in the MIS literature. In this paper, we discuss the practical advantages of such techniques for the selection of a software platform. First, we argue that traditional quantitative approaches to a cost-benefit analysis give only a partial picture of such decision situations: due to the long planning horizon required because of the time-consuming and resource-intensive implementation process, it is not possible to exactly predict which applications will, in fact, run on the system over time. Thus, the investor is faced with the problem of valuing "implementation opportunities." We then compare different valuation techniques for this task and discuss their respective advantages and drawbacks. The practical advantages of employing such models are demonstrated by describing a real-life case study where option pricing models were used for deciding whether to continue employing SAP R/2 or to switch to SAP R/3.