Development and Validation of the Method for Value Assessment of SOA-Based IS Projects

Alexey Likhvarev and Eduard Babkin
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Alexey Likhvarev: National Research University Higher School of Economics, Nizhny Novgorod Branch, Nizhny Novgorod, Russia
Eduard Babkin: National Research University Higher School of Economics, Nizhny Novgorod Branch, Nizhny Novgorod, Russia

International Journal of Information System Modeling and Design (IJISMD), 2014, vol. 5, issue 1, 49-82

Abstract: Responding to the rapidly growing market share for Information Systems (IS) based on Service-Oriented Architecture (SOA), the demand emerges for methods of measuring the value of SOA-based IS projects. The goal of the present research is to adapt available methods of project assessment to this expanding demand. This study describes a new method which takes into consideration a possibility to divide deployment and evolution of SOA-based IS into separate flows, one per service. Like that the process of value assessment could become more precise and exact compared to other known methods which use the single flow for the whole project. In addition the work proposes Real Options for calculating such components of the value as flexibility. The described method is validated using a specific simulation model. Value assessment of a real IS project is performed using the developed method and the simulation model.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jismd0:v:5:y:2014:i:1:p:49-82

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