A priority criterion for serial computer system development projects
When a firm's systems department has insufficient resources to carry out all requested development projects immediately, managers serving on the Data Processing Steering Committee need to decide which project should be completed first, second, third, etc. This can be done by ranking the project...
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| Format: | Article |
| Language: | English |
| Published: |
AOSIS
1985-06-01
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| Series: | South African Journal of Business Management |
| Online Access: | https://sajbm.org/index.php/sajbm/article/view/1074 |
| _version_ | 1811338476290834432 |
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| author | J. Mende |
| author_facet | J. Mende |
| author_sort | J. Mende |
| collection | DOAJ |
| description | When a firm's systems department has insufficient resources to carry out all requested development projects immediately, managers serving on the Data Processing Steering Committee need to decide which project should be completed first, second, third, etc. This can be done by ranking the projects in sequence of a 'priority criterion'. In the past net present value (NPV) was used for this purpose. However, in a small systems department, where projects are carried out in series, NPV is inappropriate. A more accurate measure of priority is a project's 'net worth' divided by its duration. |
| first_indexed | 2024-04-13T18:11:24Z |
| format | Article |
| id | doaj.art-8b6dd8486416406f8245f608df9a7c71 |
| institution | Directory Open Access Journal |
| issn | 2078-5585 2078-5976 |
| language | English |
| last_indexed | 2024-04-13T18:11:24Z |
| publishDate | 1985-06-01 |
| publisher | AOSIS |
| record_format | Article |
| series | South African Journal of Business Management |
| spelling | doaj.art-8b6dd8486416406f8245f608df9a7c712022-12-22T02:35:53ZengAOSISSouth African Journal of Business Management2078-55852078-59761985-06-01162556010.4102/sajbm.v16i2.1074790A priority criterion for serial computer system development projectsJ. Mende0Department of Accounting, University of the WitwatersrandWhen a firm's systems department has insufficient resources to carry out all requested development projects immediately, managers serving on the Data Processing Steering Committee need to decide which project should be completed first, second, third, etc. This can be done by ranking the projects in sequence of a 'priority criterion'. In the past net present value (NPV) was used for this purpose. However, in a small systems department, where projects are carried out in series, NPV is inappropriate. A more accurate measure of priority is a project's 'net worth' divided by its duration.https://sajbm.org/index.php/sajbm/article/view/1074 |
| spellingShingle | J. Mende A priority criterion for serial computer system development projects South African Journal of Business Management |
| title | A priority criterion for serial computer system development projects |
| title_full | A priority criterion for serial computer system development projects |
| title_fullStr | A priority criterion for serial computer system development projects |
| title_full_unstemmed | A priority criterion for serial computer system development projects |
| title_short | A priority criterion for serial computer system development projects |
| title_sort | priority criterion for serial computer system development projects |
| url | https://sajbm.org/index.php/sajbm/article/view/1074 |
| work_keys_str_mv | AT jmende aprioritycriterionforserialcomputersystemdevelopmentprojects AT jmende prioritycriterionforserialcomputersystemdevelopmentprojects |