Strategic information technology investments: guidelines for decision making
Journal of Management Information Systems
Evaluation of strategic investments in information technology
Communications of the ACM
Justifying investments in new information technologies
Journal of Management Information Systems
Systems development risks in strategic information systems
Information and Software Technology - Information and software economics
Software risk management
Strategic management of information technology investments: an options perspective
Strategic information technology management
Shaping the future: business design through information technology
Shaping the future: business design through information technology
Valuing risky projects: option pricing theory and decision analysis
Management Science
A framework for identifying software project risks
Communications of the ACM
Executive's Guide to E-Business: From Tactics to Strategy
Executive's Guide to E-Business: From Tactics to Strategy
Information Systems Research
A Case for Using Real Options Pricing Analysis to Evaluate Information Technology Project Investment
Information Systems Research
Quantitative Approaches for Assessing the Value of COTS-Centric Development
METRICS '99 Proceedings of the 6th International Symposium on Software Metrics
Journal of Management Information Systems
Software development outsourcing contract: structure and business value
Journal of Management Information Systems - Special section: Realizing value from information technology investment
Valuing information technology infrastructures: a growth options approach
Information Technology and Management
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
Expertise Integration and Creativity in Information Systems Development
Journal of Management Information Systems
Measuring the Performance of Information Systems: A Functional Scorecard
Journal of Management Information Systems
Information Technology Investment Strategies Under Declining Technology Cost
Journal of Management Information Systems
Analyzing Complementarities Using Software Stacks for Software Industry Acquisitions
Journal of Management Information Systems
On the Valuation of Multistage Information Technology Investments Embedding Nested Real Options
Journal of Management Information Systems
Communicating the value of uncertain information technology investments using an options approach
International Journal of Business Information Systems
Using measurements to support real-option thinking in agile software development
Proceedings of the 2008 international workshop on Scrutinizing agile practices or shoot-out at the agile corral
The impact of information technology on individual and firm marketing performance
Behaviour & Information Technology
Information Technology and Management
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
Real option valuation on grid computing
Decision Support Systems
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
Journal of Management Information Systems
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
Effects of information technology failures on the market value of firms
The Journal of Strategic Information Systems
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
Design and Use of Preference Markets for Evaluation of Early Stage Technologies
Journal of Management Information Systems
Expressway investment decision making under uncertainty
FSKD'09 Proceedings of the 6th international conference on Fuzzy systems and knowledge discovery - Volume 4
IT project portfolio optimization: a risk management approach to software development governance
IBM Journal of Research and Development
Real Option Pricing of Network Design Investments
Transportation Science
Real Option Pricing of Network Design Investments
Transportation Science
ICAT investment appraisal using real options
ICCOMP'06 Proceedings of the 10th WSEAS international conference on Computers
Information Technology and Firm Boundaries: Impact on Firm Risk and Return Performance
Information Systems Research
An Interdisciplinary Perspective on IT Services Management and Service Science
Journal of Management Information Systems
Should We Go Our Own Way? Backsourcing Flexibility in IT Services Contracts
Journal of Management Information Systems
What drives global ICT adoption? Analysis and research directions
Electronic Commerce Research and Applications
A real option theoretic fuzzy evaluation model for enterprise resource planning investment
Journal of Engineering and Technology Management
Dynamic consistency between value and coordination models – research issues
OTM'06 Proceedings of the 2006 international conference on On the Move to Meaningful Internet Systems: AWeSOMe, CAMS, COMINF, IS, KSinBIT, MIOS-CIAO, MONET - Volume Part I
Resolving uncertainty and creating value from the exercise of e-commerce investment options
Information Systems Journal
Investment timing for mobile payment systems
Proceedings of the 14th Annual International Conference on Electronic Commerce
International Journal of Business Data Communications and Networking
E-Learning Investment Risk Management
Information Resources Management Journal
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Past information systems research on real options has focused mainly on evaluating information technology (IT)investments that embed a single, a priori known option (such as, deferral option, prototype option). In other words, only once a specific isolated option is identified as being embedded in a target IT investment, does this research call upon using real options analysis to evaluate the option. In effect, however, because real options are not inherent in any IT investment, they usually must be planned and intentionally embedded in a target IT investment in order to control various investment-specific risks, just like financial risk management uses carefully chosen options to actively manage investment risks. Moreover, when an IT investment involves multiple risks, there could be numerous ways to reconfigure the investment using different series of cascading (compound) options. In this light, we present an approach for managing IT investment risk that helps to rationally choose which options to deliberately embed in an investment so as to optimally control the balance between risk and reward. We also illustrate how the approach is applied to an IT investment entailing the establishment of an Internet sales channel.