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An approach for incorporating quality-based cost–benefit analysis in data warehouse design

Author

Listed:
  • Lila Rao

    (University of the West Indies at Mona)

  • Kweku-Muata Osei-Bryson

    (Virginia Commonwealth University)

Abstract

Data are considered to be important organizational assets because of their assumed value, including their potential to improve the organizational decision-making processes. Such potential value, however, comes with various costs, including those of acquiring, storing, securing and maintaining the given assets at appropriate quality levels. Clearly, if these costs outweigh the value that results from using the data, it would be counterproductive to acquire, store, secure and maintain the data. Thus cost–benefit assessment is particularly important in data warehouse (DW) development; yet very few techniques are available for determining the value that the organization will derive from storing a particular data table and hence determining which data set should be loaded in the DW. This research seeks to address the issue of identifying the set of data with the potential for producing the greatest net value for the organization by offering a model that can be used to perform a cost–benefit analysis on the decision support views that the warehouse can support and by providing techniques for estimating the parameters necessary for this model.

Suggested Citation

  • Lila Rao & Kweku-Muata Osei-Bryson, 2008. "An approach for incorporating quality-based cost–benefit analysis in data warehouse design," Information Systems Frontiers, Springer, vol. 10(3), pages 361-373, July.
    • Handle: RePEc:spr:infosf:v:10:y:2008:i:3:d:10.1007_s10796-008-9077-4
    DOI: 10.1007/s10796-008-9077-4
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    References listed on IDEAS

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    1. Osei-Bryson, Kweku-Muata & Ngwenyama, Ojelanki K., 2006. "Managing risks in information systems outsourcing: An approach to analyzing outsourcing risks and structuring incentive contracts," European Journal of Operational Research, Elsevier, vol. 174(1), pages 245-264, October.
    2. Jarke, M. & Jeusfeld, M.A. & Quix, C. & Vassiliadis, P., 1999. "Architecture and quality in data warehouses - An extended repository approach," Other publications TiSEM 4daa92ac-0bc2-42c2-bd6b-7, Tilburg University, School of Economics and Management.
    3. Kalfus, Orly & Ronen, Boaz & Spiegler, Israel, 2004. "A selective data retention approach in massive databases," Omega, Elsevier, vol. 32(2), pages 87-95, April.
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    Cited by:

    1. Chulhwan Chris Bang, 2015. "Information systems frontiers: Keyword analysis and classification," Information Systems Frontiers, Springer, vol. 17(1), pages 217-237, February.
    2. Naiqiao Du & Xiaojun Ye & Jianmin Wang, 2014. "A schema aware ETL workflow generator," Information Systems Frontiers, Springer, vol. 16(3), pages 453-471, July.

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