Abstract
Recently, Web-based Project Management (WPM) systems attracted a significant number of construction industry applications worldwide. These implementations, actual and potential, pushed many construction companies to the front of WPM investment decision-making. This paper reviews IT investment evaluation methods and concludes that a single economic analytical method or a simple combination thereof is insufficient to justify or decline an investment in WPM. To fulfil the practical need of many construction companies to implement WPM systems, the paper puts forward a multidimensional decision-making approach that the authors believe is closer to the style of decision-making in the construction business world.
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