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127255 1 (1985-03-27)

handle is hein.gao/gaobacvsj0001 and id is 1 raw text is: 127255 Management Perspectives of Data Added Information Value Through Computer Matching of Data Presented by: Morey J. Chick, Information Management and Technology Division General Accounting Office ABSTRACT: Computer matching is defined here as a comparison of data that exists in different files, for the purpose of creating new information. The new information that is created by a computer match is a factor that is measurable and that represents a value which may be added to intrinsic value of the information contained in the files that were matched. In an information resources management context, information value must be maximized and information costs must be minimized. In management, these factors, i.e., value vs. cost, are often confused. Nonetheless, they must be measured; the question arises as to whether the value of information can be measured in terms of dollars. Results of some examples of computer matches cited in this presentation appear to indicate that this question can, in some cases, be answered in the affirmative. BIOGRAPHICAL SKETCH: Mr. Chick is a manager in the Government-wide Information Technolgy Studies Group of the Information Management and Technology Division, General Accounting Office (GAO). He is a graduate of Pennsylvania State University, a Certified Public Accountant, and has 24 years of experience with the GAO. Mr. Chick specializes in studies of the problems associated with managing information, automatic data processing, individual information systems, and information policy issues in the Federal government. He has worked on a GAO task force to define and develop methodologies for studying Information Resources Management (IRM) in Federal agencies. He has also instructed GAO professional staff in IRM. Among other things, Mr. Chick has identified and reported to Congress significanL problems in automated decision-making, computer security, data stanaardization, anc the implications of automation on employment. Mr. Chick has also prepared Congressional testimony on computer matching as used to detect fraud and error in Federal 1

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