Handbook 1996 : Faculty of Science (Volume 4 page 200)
Information Systems subject : Next:615-230 | Prev:615-155 | Search | Help
Availability: Available from 1997.
Credit points: 12.5
Coordinator: Professor Morrison
Prerequisite: 615-102 (Accounting and Finance for Decision Making) or 306-102 (Accounting Concepts) or 306-103 (Accounting 1A)
Contact: Three one-hour lectures and one one-hour tutorial per week.
Timetable: First semester
Objectives:
At the completion of this subject, students should:
- understand and be able to apply appropriate approaches to evaluating proposals for information systems or technology projects;
- recognise the value, and the limitations, of cost/benefit and other traditional methods for evaluating the return on investments in information technology and information systems;
- be able to quantify the value of information in various business contexts.
Content:
This subject develops a theory of information systems economics, starting with traditional notions of cost savings and discounted cash flow and moving into the use of options theory to evaluate IT and IS investment proposals. Frameworks for decision making based on generalised value linked to business and strategic IT and IS planning are explored.
Assessment:
Two written exams (mid-semester and end of semester) of up to three hours each; weekly written assignments of up to three pages; individual and group presentations requiring together up to ten hours of preparation. The weighting of assessment components will be announced at the commencement of the subject.
Information Systems subject : Next:615-230 | Prev:615-155 | Search | Help
Handbook 1996 : Faculty of Science (Volume 4 page 200)
Status: Official 1996 Date created: Oct 9 1995 Last modified: Oct 9 1995 Authorised by: Academic Registrar Email enquiries: Course_Information@registrar.unimelb.edu.au
Maintained by: Dept. of Information Systems, Faculty of Science.
Copyright © University of Melbourne 1995,1996.