Information technology portfolio management and the real options method (ROM): managing the risks of IT investments in the department of the Navy (DON)
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The FY 2003 Federal Budget contains provisions for over $52 billion in IT investments (Federal CIO Council 2002). The Navy portion of those funds is over $5 billion. One of the most difficult issues facing the DON is determining how these funds should be used and evaluating the validity of current IT investments. Rapid change and increasing uncertainty in the technology field has resulted in a high degree of financial risk associated with IT capital investment. Addressing this risk has become more important as the cost of IT investment continues to rise and financial resources become more constrained.
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Conrad Essay
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.Related items
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Information technology portfolio management and the real options method (ROM): managing the risks of IT investments in the department of the Navy (DoN)
(Monterey, California. Naval Postgraduate School, 2003-12);The FY 2003 Federal Budget contains provisions for over $52 billion in IT investments. The Navy portion of those funds is over $5 billion. Rapid change and increasing uncertainty in the technology field has resulted in a ...
