Information Technology Value Engineering Model

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Information Technology (IT) Value Engineering Model to Strengthen Cost Efficiency for Sustainable Competitive Advantage in IT-based Firms
Lukman Abdurrahman, Student Member, IEEE, Suhardi, and Armein Z.R. Langi, Member, IEEE
Abstract— This paper aims to study the improved business performance that is established on optimum costs. This construction is facilitated by IT value engineering methodology concept, which is an engineering method associated with IT inclusion of an organization to create superior performance at lower costs. Therefore, the approach is exhausting systems engineering through an engineering design process by defining the problem, generating alternative solutions, selecting a solution, detailing the design, validating the
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On one hand, the IT value is beneficial in processes since it promotes effectiveness and efficiency in organizational operations, exhibited in cost reductions, for example. On the other hand, engineering is the creative exploitation of energy, materials, and information in organized systems of men, machine, and environment systems which are useful in terms of contemporary human values [9]. As for the definitions of systems engineering are numerous and diverse, however, they all share the primary concepts of the systems approach, like holism, synthesis, interrelationships, along with the engineering-project-based ideas of system lifecycle and requirements…show more content…
This parallel relationship based on the idea that the firm total investment should be allocated in accordance centers of responsibility that have been planned with the aim of each can contribute to an increase in firm performance. If this relationship is illustrated in a diagram, it appears in a parallel fashion, which is also in the form of additional operations in mathematics, besides to adopting the advantages of parallel computing. This occurs as a consequence the use of PAV and has been proved that the result is the most precise estimate in a parallel relationship.
3) As mentioned above, this research proposes a study started from a firm’s performance, afterward organizes IT resources in terms of their allocation, composition, and other parameters. This standpoint probes a business positioning system (BPS) framework, which aims to determine the desired business position based on the required firm performance by exploiting the IT resources in a way that is measurable and controllable as the balanced scorecard of Kaplan and Norton

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