Volatility measurements applied to information systems
Kimmel, Raymond A.
Housel, Thomas J.
Mun, Johnathan C.
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Inappropriate and/or duplicate IT systems results in a severe drain on resources. Identifying the development of low utility and duplicate systems allows for the redirection of resources with higher and unique returns. Volatility measurements allow systems to be compared to determine the gains over prior iterations along with aiding in determining which options to exercise for future systems. The decision maker of an organization must be able to monitor how IT systems are functioning and hold program managers and developers accountable for improving efficiency, timeliness, and accuracy of the information being gather and processed. Volatility measurements take consideration of all factors and give a baseline from which the IT manager can make decisions across systems. The additional capabilities provided by volatility measurements will go a long way in strengthening IT investments, the performance review of those systems, and provides the additional information needed to forecast and compare systems in order to make better decisions.
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