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REQUIREMENTS MANAGEMENT COST/BENEFIT SELECTION CRITERIA
Author(s) -
Honour Eric C.
Publication year - 1994
Publication title -
incose international symposium
Language(s) - English
Resource type - Journals
ISSN - 2334-5837
DOI - 10.1002/j.2334-5837.1994.tb01695.x
Subject(s) - heuristics , computer science , risk analysis (engineering) , selection (genetic algorithm) , process (computing) , blank , cost reduction , cost–benefit analysis , operations research , management science , operations management , business , engineering , marketing , mechanical engineering , ecology , artificial intelligence , biology , operating system
This paper explores thç practical costs and benefits of managing individual requirements statements by different methods or tools. A relatively simple evaluation is offered using fill‐in‐the‐blank entries in a form. The evaluation considers improvement costs, process costs, and requirements change management costs. The evaluation considers benefits due to more complete requirements management, better change management, and reduction in excess technical features. The evaluation result is a practical algebraic benefit/cost ratio, which is a criterion to determine the relative worth of alternative methods. Using the author's heuristics, the paper applies the evaluation criteria to several typical decisions faced by companies today. Results confirm that program‐wide use of modern databasing tools makes financial sense for large programs, while small programs can effectively use well‐managed requirements lists.