Proposal of a Compact IT Value Assessment Method

Abstract

This paper contains a proposal of a compact IT value assessment method. It follows the assumption that most methods available for the public are either described in a very general manner or concentrate on one of the evaluation aspects only. The proposed method relates the evaluation approach to the main IT initiative characteristics, such as the investment purpose and IT element to be implemented. Based on these criteria, the evaluation process is shaped by putting emphasis on the relevant evaluation aspects and choosing the relevant evaluation methods. The method design is focused on the ease of use and practical relevance so it can be used by IT practitioners to assess IT initiatives in their organisations. The paper finishes with the case study of the method usage in a mid‑sized production enterprise.