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Selection of computer system with the analysis of investment efficiency

Author

Listed:
  • Adam Wasilewski

    () (Instytut Organizacji i Zarzadzania, Politechnika Wroclawska, Poland)

  • Eliza Wrobel

    () (Katedra Matematyki, Wydzial Zarzadzania i Informatyki, Akademia Ekonomiczna, Poland)

Abstract

Efficiency of enterprises can be improved by implementation the computer system. Among potential advantages may be found: the decrease of the half-finished products, improving time of deliveries, growth of output of production, enlargement of the sale etc. But no one can overlook that it means the cost for company, which can reach even tens million zloty. What worse, sometimes implementation is imperfect. It means extra cost. With this reason unusually important is the choice of system. To consider potential costs and advantage may be used performance measures (e.g. ROI analysis) and treatment management information system (MIS) as strategic investments at organization. Estimating of measures should take into account: business advantages, technical advantages, direct and indirect costs of implementation. Gartner Group suggest some steps which help in the ROI analysis: 1) determine the costs and benefits for business operations, 2) establish realistic goals, 3) define objectives for each project in the program, 4) forecast the program and project ROI.

Suggested Citation

  • Adam Wasilewski & Eliza Wrobel, 2005. "Selection of computer system with the analysis of investment efficiency," Operations Research and Decisions, Wroclaw University of Technology, Institute of Organization and Management, vol. 3, pages 113-127.
  • Handle: RePEc:wut:journl:v:3-4:y:2005:p:
    as

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    References listed on IDEAS

    as
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    Keywords

    computer system; investment; efficiency;

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