<p>Information technology (IT) is becoming the primary factordetermining the survival of most organizations. The differenttypes of systems and the wide range of objectives suggest thatdiverse evaluation methods are needed. There is a critical needfor a new approach to managing IT investments, and solving theinformation paradox should be a business imperative for allmanagers today.</p><p>Evaluating IT investments introduces different types ofproblems that investment in traditional assets does notconsider. The focal point shifts from measuring hard andquantifiable benefits that appear on a firm’s incomestatement to measuring soft, diffuse, and qualitativeimpact.</p><p>The decision to acquire new information technology poses anumber of serious evaluation problems for managers because theavailable methods for IT investment evaluation are mostlystatic and they do not consider dynamism in decision-makingprocesses.</p><p>Common problems with the methods for evaluating ITinvestments are related to their inability to take account ofthe full range of potential benefits. There is a gap betweentheory and practice in relation to the use of any method formaking decisions and for continuous evaluation of ITinvestments.</p><p>This thesis presents a new approach to evaluating benefitsof IT investments in a dynamic way, an approach consisting of acombination of dynamic information workflow models and businessprocess simulation techniques. The proposed approach givesmanagers and organizations the possibility of implementingother models for measuring different metrics and aspects of ITinvestments.</p><p>A dynamic information workflow model of an electric utilityandsimulation essays are presented in order to show how theproposed approach is applied. The performance measure selectedfor running experiments was efficiency, which was characterizedby the following selected performance indicators: cycle time,resource utilization, and activity costs. Empirical data wascollected from case studies of different utilities in CentralAmerican countries.</p><p><b>Key words:</b>Business Process Modeling and Simulation,Evaluating IT Investments, Dynamic Information Workflow Model,Electric Utilities.</p>

Information technology (IT) is becoming the primary factordetermining the survival of most organizations. The differenttypes of systems and the wide range of objectives suggest thatdiverse evaluation methods are needed. There is a critical needfor a new approach to managing IT investments, and solving theinformation paradox should be a business imperative for allmanagers today. Evaluating IT investments introduces different types ofproblems that investment in traditional assets does notconsider. The focal point shifts from measuring hard andquantifiable benefits that appear on a firm’s incomestatement to measuring soft, diffuse, and qualitativeimpact. The decision to acquire new information technology poses anumber of serious evaluation problems for managers because theavailable methods for IT investment evaluation are mostlystatic and they do not consider dynamism in decision-makingprocesses. Common problems with the methods for evaluating ITinvestments are related to their inability to take account ofthe full range of potential benefits. There is a gap betweentheory and practice in relation to the use of any method formaking decisions and for continuous evaluation of ITinvestments. This thesis presents a new approach to evaluating benefitsof IT investments in a dynamic way, an approach consisting of acombination of dynamic information workflow models and businessprocess simulation techniques. The proposed approach givesmanagers and organizations the possibility of implementingother models for measuring different metrics and aspects of ITinvestments. A dynamic information workflow model of an electric utilityandsimulation essays are presented in order to show how theproposed approach is applied. The performance measure selectedfor running experiments was efficiency, which was characterizedby the following selected performance indicators: cycle time,resource utilization, and activity costs. Empirical data wascollected from case studies of different utilities in CentralAmerican countries. <b>Key words:</b>Business Process Modeling and Simulation,Evaluating IT Investments, Dynamic Information Workflow Model,Electric Utilities. / NR 20140805

During the past few years, Building Information Modeling (BIM) started to gain acceptance within the AEC industry. But, as with many software products for project management, BIM currently faces significant issues and obstacles that hinder its widespread use. The broad goal of this study is to improve BIM implementation in mid-size firms during the Schematic Design (SD) and Design Development (DD) phases. The study has four main objectives. First, mapping the existing BIM related process model in mid-size firms, and modeling the flow of information between BIM users inside these firms. Second, identifying the challenges that are currently facing BIM users during the Schematic Design (SD) and Design Development (DD) phases, because of the importance of these phases in making critical decisions that directly affect the building life cycle. Then, linking these challenges to a BIM related business process model in order to identify when and how these issues occur. Third, exploring the structural conditions that may change or affect the BIM workflow. Fourth, the study proposes a new business process model that can enhance BIM implementation in mid-size firms. The study is qualitative in nature, and based on interviews with a sample of BIM users involved in mid-size firms in the USA. The researcher attempted to capture BIM issues and the flow of information between BIM users through case studies and interviews inside their firms. Also, the researcher involved a new group of BIM users in the research to seek their feedback, in order to generalize the research results. / Ph. D.