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Applying Real Options To Enterprise Architecture Investments And Development

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  • 발행기관
    한국EA학회 바로가기
  • 간행물
    정보화연구 바로가기
  • 통권
    제4권 2호 (2007.12)바로가기
  • 페이지
    pp.3-27
  • 저자
    Pallab Saha
  • 언어
    영어(ENG)
  • URL
    https://www.earticle.net/Article/A345869

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초록

영어
The ever-increasing expenditure on information technology (IT) is accompanied by an increasing demand to measure the business value of such investments. This has prompted enterprises to take an architectural view of their information systems (IS) and supporting technologies. However, many crucial enterprise architecture frameworks and guidelines are characterized by lack of adequate theoretical or conceptual foundations. Important but inadequately formulated concepts include architectural assessments, governance and architecture maturity models These, though central to the enterprise architecture blueprinting and implementation process, remain in their current formulations largely wisdom driven rather than engineering based approaches. Absence of adequate scientific or mathematical foundations for enterprise design and engineering significantly impede enterprise architecture initiatives. The current body of knowledge is limited to reference architectures where the implementation challenges are left to the enterprises themselves. This paper views enterprise architecture development as largely a process of decision making under uncertainty and incomplete knowledge. Taking value maximization as the primary objective of the enterprise architecture decision-making process, the paper attempts to develop guidelines for value enhancement. The paper assumes that portion of the value of enterprise architecture initiative is in the form of embedded options (real options), which provide architects with valuable flexibility to change plans, as uncertainties are resolved over time. Plausibility of using such an approach to develop a better account of critical enterprise architecture practice is focused on three areas: The timing of critical architectural decisions Architecture development for adaptability and change and Phased approach to enterprise architecture maturity enhancement.

목차

Abstract
1. INTRODUCTION
2. ECONOMICS-DRIVEN ENTERPRISE ENGINEERING
2.1 From Structural Perfection to Value Enhancement
2.2 Structure and Flexivbility in Enterprise Architecture
2.3 Uncertainties in Enterprise Architecture Development
2.4 Traditional Enterprise Architecture Economics
3. APPROACHES TO BALUING FLEXIBILITY
3.1 Real Options Approach to Valuing Flexibility
3.2 Rationale for Using Real Options Approach
3.3 Formalizing Risk and Uncertainty
3.4 Increase Uncertainty to Lower Risks
4. QUALITATIVE ARCHITECTURE PRINCIPLES
4.1 An Option Interpretation of Enterprise Modules
4.2 Methodology for Architecture Investment Management
4.3 Assessment of Current Cepavilities
4.4 Assessment of Current Capabilities
4.5 Identification and Specification of Desired Capabilities
4.6 Designing an Investment Management Approach
4.7 Estimation and Valuation of Costs and Benefits
4.8 Modeling Uncertainty
4.9 Identification and Incorporation of Managerial Flexibility
4.10 Performing Real Options Analysis
4.11 Optimization of Portfolio and Resources
5. ENTERPRISE ARCHITECTURE OPTIONS
5.1 Suggested Enterprise Architecture Options
5.2 Mapping Enterprise Architecture Options to Risks
6. ADOPTION ISSUES AND CHALLENGES
6.1 Issues Related to Real Options / Options Pricing Theory
6.2 Issues Related to Investent Management Practices
6.3 Issues Related to Enterprise Architecture Developmment
6.4 Suggestions for Further Research
7. CONCLUDING REMARKS
REFERENCES

키워드

Real Options Investment Management Enterprise Architecture Net Present Value Risk Options Pricing Model Total Cost of Ownership Business of Value of IT and Return on Asset

저자

  • Pallab Saha [ National University of Singapore ]

참고문헌

자료제공 : 네이버학술정보

간행물 정보

발행기관

  • 발행기관명
    한국EA학회 [한국엔터프라이즈아키텍처학회]
  • 설립연도
    2002
  • 분야
    복합학>과학기술학
  • 소개
    한국EA학회는 전사적 관점의 아키텍처 개념 및 원칙을 국내 민간기업 및 정부기관에 적용 확산시키고, EA 및 관련 분야의 연구, 전문인력의 양성 및 정책적 건의 등을 통해 기업 및 정부기관의 경쟁력 및 생산성을 향상시키고, 우리나라 지식 기반 산업 등의 고도화를 도모하는 것을 목적으로 합니다.

간행물

  • 간행물명
    정보화연구 [정보화연구(구 정보기술아키텍처연구)]
  • 간기
    계간
  • pISSN
    1738-382X
  • 수록기간
    2004~2026
  • 등재여부
    KCI 등재
  • 십진분류
    KDC 325 DDC 658

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