option analysis
Option analysis is a statistical technique based on the idea that changes over time will affect the cost and benefit of a future IT investment. If it has no option to change the decision, the IT organization must abide by the original decision. However, by creating an option for a decision in the future, the IT organization can choose to pursue IT investments that are then deemed profitable.
- Part of Speech: noun
- Industry/Domain: Technology
- Category: Information technology
- Company: Gartner
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