The process of information systems (IS) planning in an organization occurs when there is a set of IS projects that require implementation, generally within certain time frames and budgetary constraints. We propose a method for determining an optimal order of project implementation. The proposed method utilizes the cost-benefit graph, which considers the expected cost and benefit of each of the projects comprising the set, as well as the weight (importance) of the cost and benefit factors to the decision-makers. The method allows us to analyze the sensitivity of a preferred implementation order to changes in cost and benefits, and the importance of these factors.
- Cost-benefit analysis
- Cost-benefit graph
- Decision-making process
- Information systems planning and selection
- Project management