Controlling Lost Opportunity Costs in Agile Development – The Basic Lost Opportunity Estimation Model for Requirements Scoping [chapter]

Krzysztof Wnuk, David Callele, Even-Andre Karlsson, Björn Regnell
2012 Lecture Notes in Business Information Processing  
We present a model for estimating the final keep/cancel decision point, on a per-feature basis, for scope inclusion in a future release. The Basic Lost Opportunity Estimation Model (BLOEM), based on data from a company that uses an agile-inspired software development model, supports feature selection when the time-dependent business value estimates change as the requirements analysis progresses. The initial BLOEM validation, conducted on a set of 166 features, suggests that the model can
more » ... e input to the feature selection process for a given release, helping to control lost opportunity costs due to feature cancellation. Limitations of BLOEM are discussed and issues for further research are presented.
doi:10.1007/978-3-642-30746-1_21 fatcat:pmcduhifnvcurmkizfwtwtcur4