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

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Software Business (ICSOB 2012)

Part of the book series: Lecture Notes in Business Information Processing ((LNBIP,volume 114))

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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.

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© 2012 Springer-Verlag Berlin Heidelberg

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Wnuk, K., Callele, D., Karlsson, EA., Regnell, B. (2012). Controlling Lost Opportunity Costs in Agile Development – The Basic Lost Opportunity Estimation Model for Requirements Scoping. In: Cusumano, M.A., Iyer, B., Venkatraman, N. (eds) Software Business. ICSOB 2012. Lecture Notes in Business Information Processing, vol 114. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-30746-1_21

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  • DOI: https://doi.org/10.1007/978-3-642-30746-1_21

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-30745-4

  • Online ISBN: 978-3-642-30746-1

  • eBook Packages: Computer ScienceComputer Science (R0)

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