Prioritization with ROI is generally thought of as a quantitative analysis. For hard ROI, that is true. For soft ROI, it is anything but true. You have to make a prediction of the utility of the requirement or feature. That predicted utility is based on our expected utility, which is based on your past experiences. Your past experiences are reflected in remembered utility, which is a function of experienced utility. How can you know with certainty, and use that to prioritize requirements or features?
Foundation series
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Foundation Series: Intro To Utility Curves
Utility is an abstract concept usually relegated to economics. What is it? How does it work?
ROI
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How To Measure Costs When Calculating ROI
At a high level, it is easy to describe ROI – the return on the investment. But how do we measure the investment? There’s a problem when we have to go to the next level. Some costs are obviously incurred as part of our actions, and some costs happen even if we don’t take the action. We have to allocate those costs across all our actions or we won’t have an accurate reflection of our investment. Without an accurate model of our investment, we can’t calculate the return on our investment.
Flashback
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Flashback: A Year Ago This Week on Tyner Blain [2006-02-03]
A look back at the best from a year ago
CMMI / Polls / Process Improvement / Requirements / Software development
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CMMI and RMM One Minute Survey
See what CMMI levels and RMM levels other teams are using. Take a minute out of your day to tell us your CMMI level and RMM level. We all want to know, but we need your help – if you don’t answer, you won’t learn anything. Thanks for clicking through! And check back later to see the results as they come in.
CMMI / Process Improvement / Requirements / Software development
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CMMI Levels and RMM Level 5 – Integrated Requirements
In our introduction to mapping RMM levels to CMMI levels, we presented background info on CMMI, introduced the IBM article on RMM levels, and posted an initial mapping structure. In this article, we will look at the definition of RMM level 5. We also look at the mapping from RMM level 5 to various CMMI levels.
CMMI / Process Improvement / Requirements / Software development
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CMMI Levels and RMM Level 4 – Traced Requirements
In our introduction to mapping RMM levels to CMMI levels, we presented background info on CMMI, introduced the IBM article on RMM levels, and posted an initial mapping structure. In this article, we will look at the definition of RMM level 4. W also look at the mapping from RMM level 4 to various CMMI levels.
CMMI / Process Improvement / Requirements / Software development
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CMMI Levels and RMM Level 3 – Structured Requirements
Background In our introduction to mapping RMM levels to CMMI levels, we presented background info on CMMI, introduced the IBM article on RMM levels, and posted an initial mapping structure. In this article, we will look at the definition of RMM level 3. We also question the language used and […]
CMMI / Process Improvement / Requirements / Software development
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CMMI Levels and RMM Level 2 – Organized Requirements
In our introduction to mapping RMM levels to CMMI levels, we presented background info on CMMI, introduced the IBM article on RMM levels, and posted an initial mapping structure. In this article, we will look at the definition of RMM level 2. We also cover the tradeoffs and benefits of the practices it requires. Finally, we look at the mapping from RMM level 2 to various CMMI levels.