A Business Project Approach to Assess Spatial Data Infrastructures

Zwirowicz-Rutkowska, Agnieszka

doi:10.5593/sgem2014/b23/s11.052

Cited by 2 publications

(3 citation statements)

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“…The European guides for investments projects (European Commission, 2008;2014) place a particular emphasis on two fi nancial indicators: NPV and IRR. The guides include analysis of projects by different sectors.…”

Section: Discussionmentioning

confidence: 99%

“…In the area of the European Union funds (European Commission, 2008;2014) the guides for investments projects indicate that the main purpose of fi nancial analysis is to use the project cash fl ow forecasts to calculate suitable net return indicators. They also present goals of fi nancial analysis such as: (1) assessing the consolidated project profi tability, (2) assessing the project profi tability for the project owner and some key stakeholders, (3) verifying the project fi nancial sustainability, a key feasibility condition for any typology of project, (4) outlining the cash fl ows which underpin the calculation of the socio-economic costs and benefi ts.…”

Section: Financial and Economic Analysismentioning

confidence: 99%

“…The EU guidelines for investment projects (European Commission, 2008;2014) state that the economic analysis appraises the project's contribution to the economic welfare of the region or country. It is conducted on behalf of the whole of society instead of just the owners of the infrastructure, as in the fi nancial analysis.…”

Section: Financial and Economic Analysismentioning

confidence: 99%

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On the use of IT investment assessment methods in the area of spatial data infrastructure

Zwirowicz-Rutkowska¹

2016

Geodesy and Cartography

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Abstract:One of the important issues concerning development of spatial data infrastructures (SDIs) is the carrying out of economic and fi nancial analysis. It is essential to determine expenses and also assess effects resulting from the development and use of infrastructures. Costs and benefi ts assessment could be associated with assessment of the infrastructure effectiveness and effi ciency as well as the infrastructure value, understood as the infrastructure impact on economic aspects of an organisational performance, both of an organisation which realises an SDI project and all users of the infrastructure. The aim of this paper is an overview of various assessment methods of investment as well as an analysis of different types of costs and benefi ts used for information technology (IT) projects. Based on the literature, the analysis of the examples of the use of these methods in the area of spatial data infrastructures is also presented. Furthermore, the issues of SDI projects and investments are outlined. The results of the analysis indicate usefulness of the fi nancial methods from different fi elds of management in the area of SDI building, development and use. The author proposes, in addition to the fi nancial methods, the adaptation of the various techniques used for IT investments and their development, taking into consideration the SDI specifi city for the purpose of assessment of different types of costs and benefi ts and integration of fi nancial aspects with non-fi nancial ones. Among the challenges are identifi cation and quantifi cation of costs and benefi ts, as well as establishing measures which would fi t the characteristics of the SDI project and artefacts resulting from the project realisation. Moreover, aspects of subjectivity and variability in time should be taken into account as the consequences of defi nite goals and policies as well as business context of organisation undertaking the project or using its artefacts and also investors.

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Section: Discussionmentioning

confidence: 99%

Section: Financial and Economic Analysismentioning

confidence: 99%

Section: Financial and Economic Analysismentioning

confidence: 99%

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