Integrating Value and Utility Concepts into a Value Decomposition Model for Value-Based Software Engineering

M. Rönkkö,C. Frühwirth, S. Biffl:
"Integrating Value and Utility Concepts into a Value Decomposition Model for Value-Based Software Engineering";
Vortrag: 10th International Conference on Product Focused Software Development and Process Improvement, Oulu, Finland; 15.06.2009 - 17.06.2009; in:"Proceeding of the 10th International Conference on Product Focused Software Development and Process Improvement (PROFES)", Springer, (2009), ISBN: 978-3-642-02151-0; S. 362 - 374.

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Abstract:


Value-based software engineering (VBSE) is an emerging stream of
research that addresses the value considerations of software and extends the traditional
scope of software engineering from technical issues to businessrelevant
decision problems. While the concept of value in VBSE relies on the
well-established economic value concept, the exact definition for this key concept
within VBSE domain is still not well defined or agreed upon. We argue the
discourse on value can significantly benefit from drawing from research in
management, particularly software business. In this paper, we present three aspects
of software: as a technology, as a design, and as an artifact. Furthermore,
we divide the value concept into three components that are relevant for software
product development companies and their customers: intrinsic value, externalities
and option value. Finally, we propose a value decomposition matrix based
on technology views and value components.