Evaluating cost taxonomies for information systems management
The consideration of costs, benefits and risks underpin many Information System (IS) evaluation decisions. Yet, vendors and project-champions alike tend to identify and focus much of their effort on the benefits achievable from the adoption of new technology, as it is often not in the interest of ke...
| Main Authors: | , , |
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| Format: | Journal Article |
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Elsevier BV * North-Holland
2006
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| Online Access: | http://hdl.handle.net/20.500.11937/22070 |
| _version_ | 1848750767579594752 |
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| author | Irani, Z. Ghoneim, A. Love, Peter |
| author_facet | Irani, Z. Ghoneim, A. Love, Peter |
| author_sort | Irani, Z. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The consideration of costs, benefits and risks underpin many Information System (IS) evaluation decisions. Yet, vendors and project-champions alike tend to identify and focus much of their effort on the benefits achievable from the adoption of new technology, as it is often not in the interest of key stakeholders to spend too much time considering the wider cost and risk implications of enterprise-wide technology adoptions. In identifying a void in the literature, the authors of the paper present a critical analysis of IS-cost taxonomies. In doing so, the authors establish that such cost taxonomies tend to be esoteric and difficult to operationalize, as they lack specifics in detail. Therefore, in developing a deeper understanding of IS-related costs, the authors position the need to identify, control and reduce IS-related costs within the information systems evaluation domain, through culminating and then synthesizing the literature into a frame of reference that supports the evaluation of information systems through a deeper understanding of IS-cost taxonomies. The paper then concludes by emphasizing that the total costs associated with IS-adoption can only be determined after having considered the multi-faceted dimensions of information system investments. |
| first_indexed | 2025-11-14T07:42:04Z |
| format | Journal Article |
| id | curtin-20.500.11937-22070 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:42:04Z |
| publishDate | 2006 |
| publisher | Elsevier BV * North-Holland |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-220702018-03-29T09:06:35Z Evaluating cost taxonomies for information systems management Irani, Z. Ghoneim, A. Love, Peter Evaluation Costs Taxonomies Indirect costs Hidden costs The consideration of costs, benefits and risks underpin many Information System (IS) evaluation decisions. Yet, vendors and project-champions alike tend to identify and focus much of their effort on the benefits achievable from the adoption of new technology, as it is often not in the interest of key stakeholders to spend too much time considering the wider cost and risk implications of enterprise-wide technology adoptions. In identifying a void in the literature, the authors of the paper present a critical analysis of IS-cost taxonomies. In doing so, the authors establish that such cost taxonomies tend to be esoteric and difficult to operationalize, as they lack specifics in detail. Therefore, in developing a deeper understanding of IS-related costs, the authors position the need to identify, control and reduce IS-related costs within the information systems evaluation domain, through culminating and then synthesizing the literature into a frame of reference that supports the evaluation of information systems through a deeper understanding of IS-cost taxonomies. The paper then concludes by emphasizing that the total costs associated with IS-adoption can only be determined after having considered the multi-faceted dimensions of information system investments. 2006 Journal Article http://hdl.handle.net/20.500.11937/22070 10.1016/j.ejor.2005.07.007 Elsevier BV * North-Holland restricted |
| spellingShingle | Evaluation Costs Taxonomies Indirect costs Hidden costs Irani, Z. Ghoneim, A. Love, Peter Evaluating cost taxonomies for information systems management |
| title | Evaluating cost taxonomies for information systems management |
| title_full | Evaluating cost taxonomies for information systems management |
| title_fullStr | Evaluating cost taxonomies for information systems management |
| title_full_unstemmed | Evaluating cost taxonomies for information systems management |
| title_short | Evaluating cost taxonomies for information systems management |
| title_sort | evaluating cost taxonomies for information systems management |
| topic | Evaluation Costs Taxonomies Indirect costs Hidden costs |
| url | http://hdl.handle.net/20.500.11937/22070 |