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A method for assessing the business value of information system scenarios with an estimated credibility of the result
KTH, School of Electrical Engineering (EES), Industrial Information and Control Systems.
KTH, School of Electrical Engineering (EES), Industrial Information and Control Systems.ORCID iD: 0000-0003-3922-9606
KTH, School of Electrical Engineering (EES), Industrial Information and Control Systems.
2010 (English)In: International Journal of Services Technology and Management, ISSN 1460-6720, E-ISSN 1741-525X, Vol. 13, no 1-2, 105-133 p.Article in journal (Refereed) Published
Abstract [en]

This paper presents a method for assessing the business value of information system scenarios. The purpose of the method is to provide information system decision makers with high quality information about potential future scenarios at a relative low cost of investigation. The method features three frameworks; one for functional assessments of information system scenarios, one for non-functional assessments of information system scenarios and finally a general business value taxonomy. The former two serve as an input structure to the latter one. The business various concepts in the business value taxonomy were prioritised by business managers to reflect the organisation's business needs. A problem with estimating the business value of an information system scenario is that it is a very complex undertaking; there are a vast number of aspects that need to be assessed in order to get a correct result. To be cost efficient all of these aspects cannot be addressed so the results of the method will inevitably contain a degree of uncertainty. The method thus also provides an estimate of the uncertainty of its results. The method has been tested in a comprehensive case study at a large European power company.

Place, publisher, year, edition, pages
2010. Vol. 13, no 1-2, 105-133 p.
Keyword [en]
Business value assessments, Business value evaluation, Credibility assessments, Functional and non-functional assessments, Systems scenario selection
National Category
Electrical Engineering, Electronic Engineering, Information Engineering
Identifiers
URN: urn:nbn:se:kth:diva-79835DOI: 10.1504/IJSTM.2010.029673Scopus ID: 2-s2.0-72049098466OAI: oai:DiVA.org:kth-79835DiVA: diva2:495733
Note
QC 20120217Available from: 2012-02-09 Created: 2012-02-09 Last updated: 2017-12-07Bibliographically approved

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Ekstedt, Mathias

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Gammelgård, MagnusEkstedt, MathiasNärman, Per
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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf