Controlling Lost Opportunity Costs in Agile Development – the Basic Lost Opportunity Estimation Model for Requirements Scoping

Research output: Chapter in Book/Report/Conference proceedingPaper in conference proceeding

Abstract

We present a model for estimating the final keep/cancel decision point, on a per-feature basis, for scope inclusion in a future release. The Basic Lost Opportunity Estimation Model (BLOEM), based on data from a company that uses an agile-inspired software development model, supports feature selection when the time-dependent business value estimates change as the requirements analysis progresses. The initial BLOEM validation, conducted on a set of 166 features, suggests that the model can valuable input to the feature selection process for a given release, helping to control lost opportunity costs due to feature cancellation. Limitations of BLOEM are discussed and issues for further research are presented.

Details

Authors
Organisations
Research areas and keywords

Subject classification (UKÄ) – MANDATORY

  • Computer Science

Keywords

  • Requirements management scope management agile development software business
Original languageEnglish
Title of host publicationSoftware Business/Lecture Notes in Business Information Processing,
EditorsMichael Cusumano, Bala Iyer, N. Venkatraman
PublisherSpringer
Pages255-260
Number of pages6
Volume114
ISBN (Print)978-3-642-30745-4
StatePublished - 2012
Peer-reviewedYes
EventThird International Conference, ICSOB 2012 - Cambridge, MA, United States
Duration: 2012 Jun 182012 Jun 20

Publication series

Name
Number2
Volume114

Conference

ConferenceThird International Conference, ICSOB 2012
CountryUnited States
CityCambridge, MA
Period2012/06/182012/06/20