Evaluating large-scale IT investment decisions

Abstract

Businesses are becoming increasingly dependent on information and Information Technology. This dependence brings with it both risks and rewards, and managers must decide whether or not to stay averse to the risk, or whether to embrace it in order to achieve the potential rewards. This study explores some of the risks and rewards that integrating Information Technology into a corporation can produce. In this study, a research method that is mainly based on a review of the scientific literature was employed. The final contribution of this study lies in the fact that it identifies and articulates the most important risks and opportunities that must be evaluated carefully and extensively by decision makers before making large-scale IT investment decisions.