DocumentCode :
2708633
Title :
Financially informed requirements prioritization
Author :
Cleland-Huang, Jane ; Denne, Mark
Author_Institution :
DePaul Univ., Chicago, IL, USA
fYear :
2005
fDate :
15-21 May 2005
Firstpage :
710
Lastpage :
711
Abstract :
This tutorial introduces a financially responsible approach to requirements prioritization that enhances the value creating potential of a software development project. The approach, known as the incremental funding method (IFM), is described in the book "Software by Numbers: Low-risk, High-Return Development". Tutorial attendees have learned how to group requirements into chunks of revenue-generating functionality known as minimal marketable features (MMFs), and how to carefully sequence those MMFs in order to maximize the overall value of the project, reduce initial funding investments, and manipulate other project metrics such as the time needed for a project to reach break-even status. A gentle introduction to financial analysis also equips participants to analyze and understand the impact of other requirements prioritization decisions upon the financial returns of a project. This process is applicable within any iterative development approach.
Keywords :
project management; software development management; software metrics; feature sequencing; financial analysis; financial project returns; incremental funding method; minimal marketable features; net present value; project metrics; requirements prioritization; software development project; Books; Character generation; Costs; Financial management; Investments; Iterative methods; Life estimation; Programming; Project management; Time to market;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Software Engineering, 2005. ICSE 2005. Proceedings. 27th International Conference on
Print_ISBN :
1-59593-963-2
Type :
conf
DOI :
10.1109/ICSE.2005.1553675
Filename :
1553675
Link To Document :
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