Naval Postgraduate School
Information technology portfolio management and the real options method (ROM): managing the risks of IT investments in the department of the Navy (DON)
Conrad_Essay_Davis_2003-12.pdf (402.1Kb)Abstract
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.
Description
Conrad Essay
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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 ...
