Methodologies for information systems investment evaluation at the proposal stage: a comparative review

The evaluation of information systems (IS) investments has been a recognized problem area for the last three decades, but has recently gained renewed interest of both management and academics. IS investments constitute a large and increasing portion of the capital expenditures of many organizations. However, it is difficult to evaluate the contribution of an IS investment to the goals pursued. Consequently, there is a great call for methods and techniques that can be of help in evaluating IS investment at the proposal stage. The contribution of the paper to the problem area is twofold