Many information resource managers have learned to be proactive in today’s highly competitive business environment. However, limited financial resources and many uncertainties require them to maximize their shareholders’ equity while controlling the risks incurred at an acceptable level. As the unprecedented development in information technology continuously produces great opportunities that ar...

A multistage decision process for transportation investment planning is described. Most transportation investment problems inherently involve multiple criteria and uncertainty. To deal with the variations arising from changes in external environments, robust contingency plans should be integrated in the planning process-not after plans are developed-to account for uncertainty. With the proposed...

This work presents some issues concerning the utilization of the AGAP system (Aid to Groups of Analysis and evaluation of Projects). The AGAP is a group decision support system (GDSS) that was developed (at the Faculty of Economics of the University of Coimbra) as a distributed system allowing multiple decision makers to cooperate in order to evaluate and select investment projects. This work r...

The lack of access to formal credit at affordable cost (effective interest) is the most critical constraint faced by the rural entrepreneurs to get involved in productive profitable business activities. This study explores the causes behind the widespread existence of informal credits as investment capital for small house-based business. Based on a primary survey on house based industrial owner...

In recent years, the world’s mobile market is transformed by E-3G UMTS and 4G mobile networks. Typically, infrastructure costs and revenue are two critical factors of any decision-making in regard to investment in 4G mobile network industry. The objectives of the study are categorized as follows: (1) to introduce real option theory and to discuss its applicability as a decision support tool, (2...

Purpose: In this paper we discuss how managers use knowledge when making ICT investment decisions. ICT investments are complex processes and have also strategic implications for organizations. The focus of the study is to reveal how the organizational process of knowledge creation affects the individual-level decision making and how knowledge conversions between tacit and explicit knowledge occ...

This article elaborates on the applicability of basic and extended data envelopment analysis (DEA) models for various information system (IS) decision use-cases including illustrative examples from an enterprise resource planning (ERP) software investment appraisal. The usage of data envelopment analysis models and their extensions for IS decisions remains limited. This omission seems critical ...

In this paper, the challenges of information system evolution benefit assessment are reviewed. Classical investment criteria and their advantages and disadvantages with respect to evolution options assessment are studied. The following potential challenges in evolution investment decision making were identified: selecting a proper analysis method, acquisition of suitable metrics and follow-up d...