Abstract
Information System (IS) project selection is a critical decision making task that can significantly impact operational excellence and competitive advantage of modern enterprises and also can involve them in a long-term commitment. This decision making is complicated due to availability of numerous IS projects, their increasing complexities, importance of timely decisions in a dynamic environment, as well as existence of multiple qualitative and quantitative criteria. This paper proposes a Data Envelopment Analysis approach to find most efficient IS projects while considering subjective opinions and intuitive senses of decision makers. The proposed approach is validated by a real world case study involving 41 IS projects at a large financial institution as well as 18 artificial projects which are defined by the decision makers.
Original language | English |
---|---|
Pages (from-to) | 1027-1051 |
Number of pages | 25 |
Journal | Central European Journal of Operations Research |
Volume | 26 |
Issue number | 4 |
DOIs | |
Publication status | Published - Dec 1 2018 |
Externally published | Yes |
Keywords
- Data envelopment analysis
- Information systems
- Performance evaluation
- Project management
- Selection-based problems
ASJC Scopus subject areas
- Management Science and Operations Research