Understanding the expected value of a possible future event allows us to make mathematically sound decisions. We can decide if we want to make an investment. We can assign a reasonable price for our services. We can prioritize requirements. Expected value is a calculation that should be used when calculating ROI.

The three most important things to understand about the quality of your software are the three things most relevant to your business and your stakeholders (and arguably, your boss).

Top three measurements of software quality

1. How do people perceive our quality?
2. How big of a problem is our quality?
3. How bad is our software, really?

Incremental delivery is a key component of most software projects today – it allows us to deliver the most valuable elements of a system first, which allows our customers to start getting benefit from the system earlier. As additional features are developed, and additional use cases are enabled, they are delivered to the customers, who get incremental value from those features. This can have a significant impact on ROI projections for a project – and can be the difference between getting the deal and losing it.

We talk about ROI all the time - what is it, in layman’s terms?
ROI is the acronym for return on investment. Another way to think of it is “How much profit will we make if we invest in this project?” Profit is revenue minus costs. Technically, the question should be “How much [...]