Profile distance method—a multi-attribute decision making approach for information system investments

A technological, organisational, and environmental analysis of decision making methodologies and satisfaction in the context of IT induced business transformations

“…Standard financial accounting methods are used mainly to support financial analysis of costs and benefits. The non-financial stream seeks to be more inclusive, such as ranking and scoring techniques, which can include a wider range of measures often consider subjective and perceptual views (Bernroider & Stix, 2006;Saaty, 1980). Many procedural frameworks have a rational root and re-visit the classic "intelligence", "design" and "choice" phases (Simon, 1960).…”

A Comprehensive Framework Approach using Content, Context, Process Views to Combine Methods from Operations Research for IT Assessments

“…In the weighted sum method the overall suitability of each alternative is thereby calculated by averaging the score of each alternative with respect to every attribute with the corresponding importance weighting. Other more contemporary approaches in operations research to aggregation can be supported by Data Envelopment Analysis (Cooper, Seiford, & Tone, 2000), or the Profile Distance Method (Edward W. N. Bernroider & Stix, 2006). In business practice important preconditions of additive value models and aggregation are regularly violated (Edward W.N.…”

“…This lack of formality makes it difficult to accept and also understand statements about the value side and its connection with the cost side. The crucial question that business management faces about the contribution IT makes in the businesses' value chain is currently insufficiently answered by simple cost-benefit analyses and classic net present value considerations (Edward W. N. Bernroider & Stix, 2006). Those evaluations focus extensively on tangible benefits, mostly neglecting intangible or strategic effects, as well as "soft" in-house factors related to employees and stakeholders.…”

Data Envelopment Analysis (DEA) for evacuation planning

“…Few DEA applications focus on transport services, especially to evaluate performance of urban transport [30,31], container ports [32] and airports [33]. In some papers DEA is applied within an evaluation process in order to rank different alternative scenarios [34][35][36][37]. Variation on time of efficiency measures is considered in different approach.…”