Three Components of the It Value Proposition

Firstly, identifying a potential value of IT investment is normally undertaken by informal way in most organisations. However, this is very important to show direct and positive influence on the development of successful strategies before the project is processed (Marchand et al., 2000). In the university, it is essential to analyse the need of lecturers (or unit coordinators) and students, in other words, finding out what could motivate the lecturers (or unit coordinators) and the students more harmonically or effectively working together is the way where the IT or the new technology value exists. Political issue can be the one of the examples of the barriers in selecting the project. There should be a coherent and consistent mechanism for the project value assessment. The mechanism is also represented as a portfolio approach which will help to evaluate the allocated resources and funding to the projects (McKeen and Smith, 2003). Once the value has been identified, details need to be converted from consideration to reality, which includes time cost, budget, risk and barriers on the process (Luehrman, 1997, Chircu and Kauffman, 2000). The barriers can be classified as two aspects: Organisational barriers and knowledge barriers. To overcome the organisational barrier, redesigning of the current business processes should be required (Chircu and Kauffman, 2000). Knowledge barrier can be solved as having a training for the people involved in the project (McKeen and Smith, 2003). Last but not the least, after new technology has been implemented, the value it provides need to be realised in a long-term process. Teachers and students could make a comparison between new learn style and old one during utilization. The experience of interested groups may help to find out defects and make an improvement.