Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
552405 | Decision Support Systems | 2008 | 12 Pages |
Abstract
This paper discusses the selection of a preferred strategy for implementing an IT infrastructure from a range of competing alternatives. The model presented here combines the use of an evidential reasoning approach based on the Dempster–Shafer theory of belief functions with real options analysis. We discuss the combined use of both theories and show that combining the Dempster–Shafer theory with real options analysis provides flexible support that takes account of the multi-dimensional nature of implementation decisions. We also go into the fundamental requirements that need to be met when selecting a strategy for implementing an IT infrastructure. We conclude by outlining a number of the model's limitations.
Related Topics
Physical Sciences and Engineering
Computer Science
Information Systems
Authors
Cokky Hilhorst, Piet Ribbers, Eric van Heck, Martin Smits,