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Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

File Valuation in Information Lifecycle Management

File Valuation in Information Lifecycle Management
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Author(s): Lars Arne Turczyk (TU Darmstadt, Germany), Oliver Heckmann (TU Darmstadt, Germany)and Ralf Steinmetz (TU Darmstadt, Germany)
Copyright: 2007
Pages: 4
Source title: Managing Worldwide Operations and Communications with Information Technology
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-929-8.ch080
ISBN13: 9781599049298
EISBN13: 9781466665378


Information Lifecycle Management (ILM) stores files according to their value. Therefore file valuation is a very important task in the ILM environment. In this paper we look at how the value of a file can be measured. Instead of traditional methods leading to a classical decimal-value, the method presented leads to a valuation in terms of a “probability of further use”. Feasibility of the new method is verified using an ILM simulator.

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