Physical Sciences and Mathematics Commons^™

Justification Of Investment In It Systems, Aidan Farrell

The ITB Journal

For a company, capital investment of any sort is weighed up before a decision is made to invest. It is. true that the vast majority of investments for companies can be quantified financially. Investment in Iriformation Technology (IT) and Information Systems (IS) however has proved more complex than other investments as there are ·a large amount of intangible and non-financial benefits associated with this area of expenditure. Investments are traditionally rationalised by outweighing the costs and the benefits. The indirect costs associated with the deployment of IT/IS are equally difficult to put a measure on and hence the traditional methods …