Methods for Assessing the Economic Efficiency of IT Projects

Henryk Wojtaszek, Adam Stecyk, Dominika Krol-Smetak, Ireneusz Miciula, Agnieszka Wojcik – Czerniawska, Monika Rozycka, Malgorzata Chojnacka
European Research Studies Journal, Volume XXVIΙ, Issue 3, 637-651, 2024
DOI: 10.35808/ersj/3457

Abstract:

Purpose: The aim of this article is to classify the methods of assessing the economic efficiency of all types of IT projects. Approach/Methodology/Design: The main research method is a review of national and world scientific and practical literature. Findings: The growing importance of IT systems requires methods that will determine their economic efficiency in enterprises and allow for practical comparison of the obtained economic and financial results. Practical Implications: The practical implications of the research results included in the article will constitute recommendations for activities in managing companies that can be used in business practice. The pace of scientific and technological progress forces the development of IT systems for the optimal efficiency of economic entities. Originality/Value: The original value of the article is the classification of the method for assessing the effectiveness of IT innovations and the development of a process for an appropriate approach to the overall assessment of such projects.


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