INFORMATION TECHNOLOGY PLANNING FRAMEWORK FOR LARGE-SCALE PROJECTS
New information technology developments continue to have a significant impact on large-scale architectural/engineering/construction (A/E/C) projects. However, the issue of whether A/E/C organizations are receiving adequate returns from their information technology (IT) investments remains an important managerial concern. Earlier work on financial models has concentrated on firmwide strategies for maximizing the return of investments. Traditional financial models for measuring the value of information technology investments typically work well for static business strategies and single business scenarios. These models are inappropriate for large-scale A/E/C projects, which typically have multiple firms participating over a fixed project life cycle and proportionately splitting the cumulative benefits accrued over the project life cycle after their involvement on the project. To resolve these issues, this paper proposes a strategic planning framework based on IT diffusion for maximizing the value of investments in strategic capabilities. The essential steps in the strategic planning framework include environmental scan, internal scrutiny, IT diffusion analysis, and IT investment modeling. To demonstrate the framework and an integrated approach to IT investment planning, the paper presents a case study based on a large-scale A/E/C project: the Boston Central Artery Third Harbor Tunnel.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/issn/08873801
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Corporate Authors:
American Society of Civil Engineers
1801 Alexander Bell Drive
Reston, VA United States 20191-4400 -
Authors:
- Pena-Mora, F
- Vadhavkar, S
- Perkins, E
- WEBER, T
- Publication Date: 1999-10
Language
- English
Media Info
- Features: Appendices; Figures; References; Tables;
- Pagination: p. 226-237
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Serial:
- Journal of Computing in Civil Engineering
- Volume: 13
- Issue Number: 4
- Publisher: American Society of Civil Engineers
- ISSN: 0887-3801
Subject/Index Terms
- TRT Terms: Architecture; Case studies; Construction; Econometric models; Engineering; Information technology; Planning; Project management; Return on investment; Strategic planning
- Identifier Terms: Central Artery/Tunnel Project
- Geographic Terms: Boston (Massachusetts)
- Subject Areas: Administration and Management; Bridges and other structures; Construction; Data and Information Technology; Highways; Planning and Forecasting; I10: Economics and Administration; I21: Planning of Transport Infrastructure; I50: Construction and Supervision of Construction;
Filing Info
- Accession Number: 00770114
- Record Type: Publication
- Contract Numbers: EG-05-03-06, IRI-9630021
- Files: TRIS
- Created Date: Oct 7 1999 12:00AM