Good information should be:
- Up to date
Good information adds value to an organisation by:
- Aiding decision making
- Monitoring progress
- Allowing the targeting of resources
- Giving a competitive advantage
Ensuring that information is of a high quality can be costly. These costs can be in terms of:
- Human resources
Good information can improve the quality of decision making as it has user confidence.
Information can come from a variety of sources, both ICT and non-ICT based.