Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
12 Cards in this Set
- Front
- Back
Purpose |
To estimate the potential value for each design option and to establish which one is most appropriate to meet the enterprise’s reqs |
|
Description |
-describes how to estimate and model the potential value delived by a set of reqs, designs, or design options. -potential value is analyzed many times over the course of a change. |
|
Inputs |
Potential value Design options |
|
Outputs |
Solution recommendation: identified th suggested, most appropriate solution based on an evaluation of all defined design options. The recommended solution should max the value provided to the enterprise. |
|
Elements |
1. Expected benefits: describe the positive value 2. Expected costs: include any potential negative value associated with a solution |
|
Elements |
3. Determine value: based on the benefits delivered by that solution and the associated costs. Value can be positive or negative Potential value is uncertain valua |
|
Elements |
4. Assess design options and recommend solution Several factors to take into consideration solution: - available resources - constraints on the solution - dependencies between requirements |
|
Techniques (1-5) |
1. Acceptance and evaluation criteria 2. Backlog management: used to sequence the potential valua 3. Brainstorming 4. Business cases: used to assess recommendations against business goals and objective 5. Business model canvas: as a tool to help understand strategy and initiatives |
|
Techniques (6-8) |
6. Decision analysis: to support the assessment and ranking of design options 7. Estimation: to forecast the cost and efforts of meeting the reqs as a step towards estimating their value 8. Financial analysis: used to evaluate the financial return of different options and choose the best possible return on investment |
|
Techniques (9-12) |
9. Focus groups: used to get stakeholder input on which design options best meet the reqs, and to evaluate a targeted, a small group of stakeholder value expection 10. Interviews 11. Survey or questionaire 12. Workshops |
|
Tecniques (13-15) |
13. KPIs 14. Risk analys and management 15. SWOT analysis |
|
Stakeholders |
1. Customer: involved in analyzing the benefit of reqs and costs of the design options 2. End user: provide insight into the potential value of the change 3. Sponsor: approves the expenditure of resource to purchase or develop a solution and approve the final recommendation 4. Project manager: they are aware of potential impacts on supporting the change 5. Domain sme: assist in analyzing potential value and benefit 6. Implementation sme: identify potential costs and risks 7. Regulator: involved in risk evaluation |