629
Views
127
CrossRef citations to date
0
Altmetric
Original Article

Prioritizing a Portfolio of Information Technology Investment Projects

, &
Pages 33-60 | Published online: 08 Dec 2014

References

  • Kogut, B., and Kulatilaka, N. Options thinking and platform investments: Investing in opportunity. California Management Review, 36, 4 (1994), 52-71.
  • Marlin, S. Getting the IT mix right. InformationWeek (October 27, 2003) (available at www.informationweek.com/story/showArticle.jhtml?articleID=15600182).
  • Margrabe, W. The value of an option to exchange one asset for another. Journal of Finance, 33 (March 1978), 177-186.
  • Luehrman, T.A. Strategy as a portfolio of real options. Harvard Business Review (September-October 1998), 89-99.
  • Van Der Heijden, K. Scenarios. New York: Wiley, 1996.
  • Taudes, A.; Feurstein, M.; and Mild, A. Options analysis of software platform decisions: A case study. MIS Quarterly, 24, 2 (2000), 227-243.
  • Trigeorgis, L. Real Options. Cambridge, MA: MIT Press, 1996.
  • Keen, P.G.W. Value analysis: Justifying decision support systems. MIS Quarterly, 5, 1 (1981), 1-15.
  • Verhoef, C. Quantitative IT portfolio management. Science of Computer Programming, 45, 4 (2002), 1-96.
  • Fichman, R. Real options and IT platform adoption: Implications for theory and practice. Working Paper, Boston College, Chestnut Hill, MA, 2003.
  • Weill, P., and Broadbent, M. Leveraging the New Infrastructure: How Market Leaders Capitalize on Information Technology. Boston: Harvard Business School Press, 1998.
  • Smith, J.E., and McCardle, K.F. Valuing oil properties: Integrating option pricing and decision analysis approaches. Operations Research, 46, 2 (1998), 198-217.
  • McGrath, R.M., and MacMillan, I. Assessing technology projects using real options reasoning. Research Technology Management, 43, 4 (July-August 2000), 35-49.
  • Dos Santos, B. Justifying investment in new information technologies. Journal of Management Information Systems, 7, 4 (Spring 1991), 71-89.
  • McDonald, R., and Siegel, S. The value of waiting to invest. Quarterly Journal of Economics, 101 (1986), 707-727.
  • Taudes, A. Software growth options. Journal of Management Information Systems, 15, 1 (Summer 1998), 165-185.
  • Benaroch, M. Managing information technology investment risk: A real options perspective. Journal of Management Information Systems, 19, 2 (Fall 2002), 43-84.
  • Amram, M., and Kulatilaka, N. Real Options: Managing Strategic Investment in an Uncertain World. Boston: Harvard Business School Press, 1999.
  • Datz, T. Portfolio management: How to do it right. CIO Magazine (2003) (available at www.cio.com/archive/050103/portfolio.html).
  • Cooper, R.G. Portfolio Management for New Products. Reading, MA: Perseus, 1998.
  • Clemons, E.K. Evaluating strategic investments in information systems. Communications of the ACM, 34, 1 (1991), 22-36.
  • Dixit, A.K., and Pindyck, R.S. The options approach to capital investment. Harvard Business Review (May-June 1995), 105-115.
  • Benaroch, M., and Kauffman, R.J. Justifying electronic network expansion using real option analysis. MIS Quarterly, 24, 2 (2000), 197-225.
  • Brandenburger, A.M., and Nalebluff, B.J. Co-opetition. New York: Currency Doubleday, 1996.
  • Groenveld, P. Roadmapping integrated business and technology. Research Technology Management, 45, 5 (September 1997), 48-55.
  • Au, Y.A., and Kauffman, R.J. Should we wait? Network externalities, compatibility, and electronic billing adoption. Journal of Management Information Systems, 18, 2 (Fall 2001), 47-63.
  • Benaroch, M., and Kauffman, R.J. A case for using real options pricing analysis to evaluate information technology project investments. Information Systems Research, 10, 1 (1999), 70-86.
  • Chabrow, E. IT staffs lack financial chops for project analysis. InformationWeek (March 24, 2003) (available at www.informationweek.com/story/showArticle.jhtml?articleID =8700123).
  • Clemons, E.K., and Gu, B. Justifying information technology investments: Balancing the need for speed of action with certainty before action. Journal of Management Information Systems, 20, 2 (Fall 2003), 11-48.
  • Dai, Q.; Kauffman, R.J.; and March, S.T. Valuing IT middleware infrastructure with real options. Working paper, Carlson School of Management, University of Minnesota, Minneapolis, 2004.
  • Panayi, S., and Trigeorgis, L. Multi-stage real options: The case of information technology infrastructure and international bank expansion. Quarterly Review of Economics and Finance, 38, special issue (1998), 675-692.
  • Clemons, E.K. Information technology investments: Dealing effectively with strategic uncertainty through scenario analysis. In J. Luftman (ed.), Competing in the Information Age: Align in the Sand, 2d ed. New York: Oxford University Press, 2003, pp. 314-336.
  • Zhu, K., and Weyant, J.P. Strategic decisions of new technology adoption under asymmetric information: A game-theoretic model. Decision Sciences, 34, 4 (2003), 643-675.
  • Trigeorgis, L. The nature of options interactions and the valuation of investments with multiple real options. Journal of Financial and Quantitative Analysis, 28, 1 (1993), 1-20.
  • Kambil, A.; Henderson, C.J.; and Mohsenzadeh, H. Strategic management of information technology investments. In R. Banker, R.J. Kauffman, and M.A. Mahmood (eds.), Strategic Information Technology Management: Perspectives on Organizational Growth and Competitive Advantage. Harrisburg, PA: Idea Group, 1993, pp. 161-178.
  • Sambamurthy, V.; Bharadwaj, A.; and Grover, V. Shaping agility through digital options: Reconceptualizing the role of information technology in contemporary firms. MIS Quarterly, 27, 2 (2003), 237-263.
  • Schwartz, E.S., and Zozaya-Gorostiza, C. Investment under uncertainty in information technology: Acquisition and development projects. Management Science, 49, 1 (2003), 57-70.
  • Tallon, P.P.; Kauffman, R.J.; Lucas, H.C., Jr.; Whinston, A.B.; and Zhu. K. Using real options analysis for evaluating uncertain investments in information technology. Communications of the AIS, 9 (2002), 136-167.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.