A priority criterion for serial computer system development projects

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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Bibliographic Details
Main Author: J. Mende
Format: Article
Language:English
Published: AOSIS 1985-06-01
Series:South African Journal of Business Management
Online Access:https://sajbm.org/index.php/sajbm/article/view/1074
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spelling doaj-8b6dd8486416406f8245f608df9a7c712021-04-02T14:56:55ZengAOSISSouth 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
collection DOAJ
language English
format Article
sources DOAJ
author J. Mende
spellingShingle J. Mende
A priority criterion for serial computer system development projects
South African Journal of Business Management
author_facet J. Mende
author_sort J. Mende
title A priority criterion for serial computer system development projects
title_short 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_sort priority criterion for serial computer system development projects
publisher AOSIS
series South African Journal of Business Management
issn 2078-5585
2078-5976
publishDate 1985-06-01
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.
url https://sajbm.org/index.php/sajbm/article/view/1074
work_keys_str_mv AT jmende aprioritycriterionforserialcomputersystemdevelopmentprojects
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