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http://dx.doi.org/10.9716/KITS.2018.17.3.101

Development of a Framework for Estimating the Benefits of IT Projects : Focusing on Preliminary Feasibility Study  

Lee, Chunghun (한국정보화진흥원)
Publication Information
Journal of Information Technology Services / v.17, no.3, 2018 , pp. 101-115 More about this Journal
Abstract
In order to promote the IT business efficiently, the Preliminary Feasibility Study has been conducted since 2004. It is to verify the feasibility of a large-scale IT project in advance and to determine whether to reflect the budget. It is more difficult to analyze the benefits of the IT project than other projects, because the IT project is carried out by combining tangible and intangible assets and human resources. For this reason, the Standard Guideline for Preliminary Feasibility Study in the IT field suggests a framework to support in estimating the benefits of the IT project. However, it includes the following problems : 1) level discrepancy among the benefit categories, 2) lack of types of benefit items, 3) no consideration of benefit inducing factors. So the framework is facing a low utilization. This study develops a new framework through a three-step research process. The new framework can be used not only for preliminary feasibility studies but also for estimating the benefits of general IT projects.
Keywords
IT Project Benefit; Benefit Estimation; Economic Analysis; Preliminary Feasibility Study; IT Project;
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