Knowledge-Based Assessment System for Investment Conformity

AUTHORS

Dong-Jin Choi,IT Policy Management, Soongsil Univ., Sangdo-dong 369, Dongjak-gu, South Korea

ABSTRACT

Investing in IT as a means of survival of a company has become an essential element, and its size is also increasing. The importance of pre- and post-evaluation of performance has also increased in proportion to the investment scale of IT. So far, the pre-validation evaluation method of IT investment cost appropriateness has been selected as evaluation model, IS Success model, Gartner Group TCO (Total Cost of Ownership) model, McKinsey's TVC (Total Variable Cost) model, performance reference model and Balanced Scorecard (BSC) And the Excellence model of the UK have been devised and applied. However, there are not many studies on the basis of judging the appropriateness of investment cost. If you conduct a review of your investment and costs in the process of applying your business by applying more systematic and intelligent knowledge - based standards, you will be able to handle your business more reliably and efficiently. In this paper, we propose a pre-evaluation system, methodology and application examples, and reconstruct the process, indicators, and measurement techniques in a methodological way, so that it is possible to more intelligently determine the appropriateness of the investment cost and how to use it.

 

KEYWORDS

IT Investment, Cost, Knowledge Management, Intelligence, Conformity Assessment System

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CITATION

  • APA:
    Choi,D.J.(2019). Knowledge-Based Assessment System for Investment Conformity. World Journal of Accounting, Finance and Engineering, 3(1), 19-26. 10.21742/WJAFE.2019.3.1.04
  • Harvard:
    Choi,D.J.(2019). "Knowledge-Based Assessment System for Investment Conformity". World Journal of Accounting, Finance and Engineering, 3(1), pp.19-26. doi:10.21742/WJAFE.2019.3.1.04
  • IEEE:
    [1] D.J.Choi, "Knowledge-Based Assessment System for Investment Conformity". World Journal of Accounting, Finance and Engineering, vol.3, no.1, pp.19-26, May. 2019
  • MLA:
    Choi Dong-Jin. "Knowledge-Based Assessment System for Investment Conformity". World Journal of Accounting, Finance and Engineering, vol.3, no.1, May. 2019, pp.19-26, doi:10.21742/WJAFE.2019.3.1.04

ISSUE INFO

  • Volume 3, No. 1, 2019
  • ISSN(p):2208-8512
  • ISSN(e):2208-8520
  • Published:May. 2019