EPSRC Reference: |
GR/M95066/01 |
Title: |
CLASSIFYING ORGANISATIONAL COSTS OF INFORMATION SYSTEM -INFORMATION TECHNOLOGY (COSTS-IT) |
Principal Investigator: |
Irani, Professor Z |
Other Investigators: |
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Researcher Co-Investigators: |
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Project Partners: |
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Department: |
Information Systems & Computing |
Organisation: |
Brunel University London |
Scheme: |
Standard Research (Pre-FEC) |
Starts: |
04 January 2000 |
Ends: |
03 August 2001 |
Value (£): |
50,974
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EPSRC Research Topic Classifications: |
Information & Knowledge Mgmt |
Software Engineering |
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EPSRC Industrial Sector Classifications: |
Aerospace, Defence and Marine |
Information Technologies |
Transport Systems and Vehicles |
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Related Grants: |
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Panel History: |
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Summary on Grant Application Form |
COSTS-IT is motivated by industries increasing expenditure on IT/IS to deliver strategic competitive advantage. As a result, there is a changing portfolio of costs resulting from IT/IS, with COSTS-IT addressing these changes through theoretical and empirical research. Traditional approaches to IT/IS appraisals are unable to accommodate the changing of costs associated with deploying enterprise-wide IT/IS solutions. Therefore, forcing management to either i) invest as an 'act of faith' ii) 'not' invest in IT/IS, which reduces competitiveness; or, iii) use creative accountancy by assigning arbitrary values to benefits and costs. As a result, research that supports management in cost identification and management will be of value to organisations. The inability of managers to identify the 'true' cost of IT/IS is considered attributable to a lack of knowledge and understanding of IT/IS costs. COSTS-IT proposes to extend the myopia of traditional; 'direct' financial costs analysis by identifying 'indirect' cost factors, together with their respective natures. In doing so, developing a framework that intergrates taxonomies of costs and performance measures/metrics to support management during investment decision-making. Furthermore, the implication of COSTS-IT support the benchmarking of costs during post-implementation evaluation. Hence, contributing increasing the efficient utilization and effective deployment of IT/IS resources.
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Key Findings |
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Potential use in non-academic contexts |
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Impacts |
Description |
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Summary |
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Date Materialised |
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Sectors submitted by the Researcher |
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Project URL: |
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Further Information: |
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Organisation Website: |
http://www.brunel.ac.uk |