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

Wnuk, Krzysztof LU ; Callele, David; Karlsson, Even-Andre and Regnell, Björn LU (2012) Third International Conference, ICSOB 2012 In Software Business/Lecture Notes in Business Information Processing, 114(2). p.255-260
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.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Requirements management scope management agile development software business
in
Software Business/Lecture Notes in Business Information Processing,
editor
Cusumano, Michael; Iyer, Bala; Venkatraman, N.; ; and
volume
114
issue
2
pages
6 pages
publisher
Springer
conference name
Third International Conference, ICSOB 2012
external identifiers
  • scopus:84864252295
ISBN
978-3-642-30745-4
DOI
10.1007/978-3-642-30746-1_21
project
UPITER - Efficient requirements architectures in platform-based requirements management for mobile terminals
language
English
LU publication?
yes
id
27f72c5e-a2d7-439c-ac84-9cb63482edfd (old id 3051940)
date added to LUP
2012-09-12 12:37:53
date last changed
2017-01-01 07:55:58
@inproceedings{27f72c5e-a2d7-439c-ac84-9cb63482edfd,
  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.},
  author       = {Wnuk, Krzysztof and Callele, David and Karlsson, Even-Andre and Regnell, Björn},
  booktitle    = {Software Business/Lecture Notes in Business Information Processing,},
  editor       = {Cusumano, Michael and Iyer, Bala and Venkatraman, N.},
  isbn         = {978-3-642-30745-4},
  keyword      = {Requirements management scope management agile development software business},
  language     = {eng},
  number       = {2},
  pages        = {255--260},
  publisher    = {Springer},
  title        = {Controlling Lost Opportunity Costs in Agile Development – the Basic Lost Opportunity Estimation Model for Requirements Scoping},
  url          = {http://dx.doi.org/10.1007/978-3-642-30746-1_21},
  volume       = {114},
  year         = {2012},
}