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Assessing risks and returns: a guide for evaluating federal agencies' IT investment decision-making   

Assessing risks and returns: a guide for evaluating federal agencies' IT investment decision-making


United States. General Accounting Office

Paperback. Books LLC, Reference Series 2011-10-03.
ISBN 9781234370718
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Publisher description

Original publisher: Washington, D.C. : The Office ; Gaithersburg, MD (P.O. Box 6015, Gaithersburg 20884-6015) : The Office [distributor, 19xx] OCLC Number: ocm38593902 Subject: Information technology -- Equipment and supplies -- Purchasing -- United States -- Handbooks, manuals, etc. Excerpt: ... structured so that evaluators will assess the Selection, Control, and Evaluation phases from three review levels--process, data, and decisions. See figure 4 for an illustration of the IT investment evaluation model. A short description and examples of each review level are also provided below. of the IT Investment Evaluation Approach Figure 4: Dimensions Repeatability Efficiency Completeness Select Control Evaluate Process Data Decisions Process 9 This is an assessment of the investment management processes that the organization is following to select IT investments, control and monitor progress of these investments, and evaluate final results. The central question to be answered is: " Does the organization have defined, documented processes for selecting, controlling, and evaluating its IT investments? " The goal in assessing an agency's processes is to identify to what extent the organization has a structure in place for managing and evaluating IT investments. * There should be documented evidence ( in guidance or policy ) that an IT investment management process is in place ( consisting of selection, control, and evaluation pieces ), that it is repeatable and implemented consistently throughout the organization, and that decision-making roles, responsibilities, and authority have been clearly defined. 9 Process is assumed to include requisite policies, practices, and procedures that are used to manage and make decisions about IT investments. 14



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Book reviews » Assessing risks and returns: a guide for evaluating federal agencies' IT investment decision-making
Assessing risks and returns: a guide for evaluating federal agencies' IT investment decision-making
Assessing risks and returns: a guide for evaluating federal agencies' IT investment decision-making
  
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