|
|
Untersuchte Arbeit: Seite: 98, Zeilen: 10-17 |
Quelle: Lucas 1999 Seite(n): 169, Zeilen: 1 ff. |
---|---|
For an IT investment, one must estimate the costs required to develop a project at the expiration date of the option, when you might undertake the investment. For an option three years in [sic] future, the analyst has to estimate how much investment would be required. Many parameters influence this cost, including the pace of technological change. In 3 years a package might come along like SAP that dramatically changes the cost of an investment (Lucas 1999: 169).
Lucas, H. 1999, Information technology and the productivity paradox: Assessing the value of investing in IT, Oxford University Press, New York. |
For an IT investment, you must estimate the investment required to develop a project at the expiration date of the option, that is, at the time you might be undertaking the project. For an option three years in the future, the analyst has to estimate how much investment would be required. Many variables influence this cost, including the pace of technological change. In three years, a package might come along like SAP that dramatically changes the cost of an investment. |
The source is given, but no quotation marks are used. |
|