Linking strategy and feasibility techniques
Much work has been done to break free from the limitations of the more traditional,
Finance-based forms of capital investment appraisal. The major concerns seem to be to
relate evaluation techniques to the type of IT project, and to develop techniques that
relate the IT investment to business/ organization value. A further development is in
more sophisticated ways of including risk assessment in the evaluation procedures for IT
investment . A method of evaluation needs to be reliable, consistent in its measurement over time,
able to discriminate between good and indifferent investments, able measure what it purports to
measure, and be administratively / organizationally feasible in its application