• Journal of Information Technology and Architecture
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• v.11 no.1
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• pp.1-10
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• 2014

From 2004 to 2013, the annual investment for the ICT sector in Korea amounted to about 3.2 trillion won. Depending on whether the government policy allowed for budget increases and/or decreases, this impacted the investment in the ICT sector. In particular, the fixed costs of operation and maintenance lead to a reduced chance for a new potential demands in IT programs. Even though a situation may exist that there are insufficient funds available, there is a need for building a sustainable long-term IT investment management system. The purpose of this study is to conduct basic research for the arrangement of preparation to meet IT needs required in the public sector. For this, this paper introduces the concept of IT Investment Management based on prudent forecasting. After both foreign and domestic relevant cases are reviewed, implications will be derived from the aforementioned cases. Through this process, the direction of IT Investment Management based on forecasting for the IT projects decision making will be suggested. These research results could be used for helping to develop better policies and a more efficient management of the public sector IT budget.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.525-528
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• 2003

In recent, Information Technology(IT) is the biggest issue on the world at large including construction industry as core strategic means for reinforcing competitive power of company and nation and raising its effectiveness. However, CEO of each finn is deferring IT investment decision because there's no case to measure real value of IT and confidence to economic effect of information system. IT Evaluation will be so helpful that most construction finns make a plan of IT investment. and it is necessary to achieve their management goal and have the maximum of firm's value with the usage of IT system. Therefore, The purpose of this research is to promote the increase of IT investment and the improvement of the standard in IT with the development of IT evaluation system to be monitoring IT level continually.

• Proceedings of the Korea Society of Information Technology Applications Conference
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• 2004.06a
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• pp.75-75
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• 2004

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.438-441
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• 2002

Korean construction firms have been continuing investment of IT for last ten years. However, manager did not support a decision-making of IT because there is no evaluation and feedback system of IT investment. This study is a preceding research of making IT evaluation model as a part of MOCT(the Ministry of Construction and Transportation)'s construction CALS/EC policy and makes a basic frame through a trend and state of IT survey. As a result of survey, To encourage them, IT development to be balanced in each members for successful stabilization of CALS/EC as well as IT evaluation will be conducted in accordance with one's environment, such as a role and level of companies.

• The Journal of Society for e-Business Studies
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• v.9 no.2
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• pp.33-50
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• 2004

This paper presents the evaluation model which is included in a quantitative evaluation methodology for evaluation processes of validity and effectiveness of information budget investment and improving conformance of ROI(Return On Investment). That is, the right efficiency targets of information investment for the development project to GDOC (Government electronic Document Distribution Center), and KPls(Key Performance Indexes) which enable to evaluate objectively effectiveness in the preliminary and post evaluation phases are developed, and then the results were come out by practical investigation study using quantitative evaluation methodology.

• Information Systems Review
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• v.10 no.3
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• pp.133-153
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• 2008

Understanding of the length of time required to realize the return on the investment of informatization is important for policy makers and decision makers of information system adoption. Previous researchers, however, assessed this issue with the performance measurement approach that was primarily based on static point of view. However, the static analysis on the outcome of the informatization investment is limited in measuring the priori and ex ante effects of the informatization implementation on temporal basis. This study present a methodology to capture the outcome of the informatization investment on dynamic basis. This assessment was performed based on an e-government project in Korea, called "Industry Human Resource Project." Particularly, the study addressed how long it takes to obtain the benefit of WorkNet System, which was part of this Korean e-government project. We proposed various approaches to illustrate the importance and temporal effect of the WorkNet System by analyzing DB data, time reduction of WorkNet business processes and return of investment of IT.

• 한국IT서비스학회:학술대회논문집
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• 2006.05a
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• pp.171-176
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• 2006

우리 경제는 지난해에 그동안의 어려웠던 대 ${\cdot}$ 내외적 경영여건이 호전되고 내수경기의 회복및 수출증가세의 확대되는 등 경기회복속도가 빨라진 모습을 보여주었다. 경기가 나아지고 경기전망이 나아짐에 따라 한국경제가 혁신주도형 경제로 빠르게 전환되고 있으며, 그 중심에 정보화는 기업 및 국가경쟁력 강화를 위한 핵심전략수단으로 입지를 굳혀나가고 있다. 그러나 자금, 인력, 정보, 등의 측면에서 열세인 중소기업의 경우 벤치마킹의 자료나 검증된 성공 ${\cdot}$ 실패 사례의 부족으로 정보시스템 도입과 투자를 망설이고 있는 듯 하다. 그러므로 국내 중소기업의 정보시스템의 도입과 투자를 통한 정보화 촉진을 위해 현재 중소기업에서 실제 운용되고 있는 정보시스템의 투자현황과 수요를 살펴보고, 이를 통해 필요한 정보시스템의 범위와 적용의 기대효과를 예상하여 전반적인 국내 중소기업의 정보화 투자현황의 개선 방향을 제시해보고자 한다.

• 주택과사람들
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• s.188
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• pp.30-33
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• 2006

정보화가 기업의 승패를 좌우하는 화두로 등장하고 있다. 특히 건설정보화 전략은 공기 단축 · 공비절감 등 건설프로젝트 수행의 최적수단으로 작용하면서 기업경영의 기본 인프라로 자리매김하고 있다. 과거 정보화가 비용으로 인식됐다면, 현재에는 투자로 인식될 만큼 정보화 마인드가 바뀐 것도 사실이다. 건설정보화의 현주소를 추적했다.

• 한국IT서비스학회:학술대회논문집
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• 2007.05a
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• pp.9-14
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• 2007

지난 20여 년간 우리나라는 공격적인 정보화 투자를 수행해왔으며, 이로 인해 정보화 분야에 괄목할 만한 성과를 이뤄냈다. 이러한 시점에서 지난 20여 년을 돌아보고 향후 추진될 정보화 사업을 어떻게 평가하고 관리할 것인지에 대해 심도 있게 고민해봐야 할 것이다. 본 연구에서는 정보화 투자가 성과로 이어지는 과정을 기반으로 하여 새로운 관점의 정보화 성과평가 방법론 프레임워크를 제시하고, 제시된 프레임워크의 핵심 요소인 조직적 특성과 정보화 성과의 시차적 접근에 대해 논하고자 한다. 또한 향후 정보화 성과평가가 평가에 그치지 않고, 진정한 의미에서 성과관리로 발전하기 위한 정책적 방향을 제시하고자 한다.

• Journal of Korea Technology Innovation Society
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• v.9 no.1
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• pp.175-198
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• 2006

Analyzing the effects of information technology(IT) in the life insurance Industry is important in establishing the direction for future information technology investment. In this research, the cost-elasticity of IT capital stock was measured by the SUR technique, using the second-order translog cost function, which was drawn out by a Taylor expansion of the multi-product joint cost function. Analysis was made based on data from 1991 to 2003 collected from 33 life insurance firms. The results show that although the effects of information technology investment vary according to individual life insurance firms, half of the life insurance firms surveyed reduced their costs by investing in information technology. The research also revealed that although large life insurance firms reduced their costs by investing in information technology medium & small life insurance firms and foreign ,life insurance firms increase their costs. Additionally, although both information capital and information labor increase as the information budget increases, the increase in information capital is larger than one in information labor. Because the price of information capital is decreased rapidly more than one of information-related labor.