Skip to main content

A Value-Based Approach in Requirements Engineering: Explaining Some of the Fundamental Concepts

  • Conference paper
Requirements Engineering: Foundation for Software Quality (REFSQ 2007)

Part of the book series: Lecture Notes in Computer Science ((LNPSE,volume 4542))

Abstract

Today’s rapid changes and global competition forces software companies to become increasingly competitive and responsive to consumers and market developments. The purpose of requirements engineering activities is to add business value that is accounted for in terms of return-on-investment of a software product. This article introduces some of the fundamental aspects of value by borrowing theories from economic theory, discusses a number of the challenges that face requirements engineers and finally provides a model that illustrates value from business, product and project perspectives.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Alwis, D., Hlupic, V., Fitzgerald, G.: Intellectual Capital Factors that Impact of Value Creation. In: 25th Int. Conf. Information Technology Interfaces, Cavtat, Croatia, pp. 411–416 (2003)

    Google Scholar 

  2. Aurum, A., Wohlin, C., Porter, A.: Aligning Software Engineering Decisions. International Journal on Software Engineering and Knowledge Engineering (IJSEKE) 16(6), 795–818 (2006)

    Article  Google Scholar 

  3. Aurum, A., Wohlin, C. (eds.): Engineering and Managing Software Requirements. Springer-Verlag, Heidelberg (2005)

    MATH  Google Scholar 

  4. Biffl, S., Aurum, A., Boehm, B., Erdogmus, H., Grunbacher, P. (eds.): Value-Based Software Engineering. Springer, Heidelberg (2005)

    Google Scholar 

  5. Boehm, B.W., Sullivan, K.J.: Software Economics: A Roadmap. In: Proceedings of The Future of Software Engineering Conference, pp. 319–343 (2000)

    Google Scholar 

  6. Browning, T.R.: On Customer Value and Improvement in Product Development Processes. Systems Engineering 6(1), 49–61 (2003)

    Article  Google Scholar 

  7. Faulk, S.R., Harmon, R.R., Raffo, D.M.: Value-Base Software Engineering: A Value-Driven Approach to Product-Line Engineering. In: 1st International Conference on Software Product-Line Engineering, Colorado (2000)

    Google Scholar 

  8. Favaro, J.: Managing Requirements for Business Value. IEEE Software, pp. 15–17 (2002)

    Google Scholar 

  9. Favaro, J.: Value-Based Management and Agile Methods. In: Marchesi, M., Succi, G. (eds.) XP 2003. LNCS, vol. 2675, Springer, Heidelberg (2003)

    Google Scholar 

  10. Heinonen, K.: Reconceptualizing Customer Perceived Value: The Value of Time and Place. Managing Service Quality 14(2/3), 205–215 (2004)

    Article  Google Scholar 

  11. Henneberg, S.C., Pardo, C., Mouzas, S., Naude, P.: Value Dimensions and Strategies in Dyadic Key Relationship Programmes: Dealing with Dualities. In: Proceedings on the 21st IMP Conference, Rotterdam (2005)

    Google Scholar 

  12. Mill, J.S.: Principles of Political Economy with Some of Their Applications to Social Philosophy (First published in 1848). Winch, D. (ed.) Harmondsworth, Penguin (1970)

    Google Scholar 

  13. Storbacka, K., Lehtinen, J.R.: Customer Relationship Management: Creating Competitive Advantage through Win-Win Relationship Strategies. McGraw-Hill, New York (2001)

    Google Scholar 

  14. Weinstein, A., Johnson, W.C.: Designing and Delivering Superior Customer Value: Concepts, Cases, and Applications. St. Lucie Press, Boca Raton, Florida, USA (1999)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Pete Sawyer Barbara Paech Patrick Heymans

Rights and permissions

Reprints and permissions

Copyright information

© 2007 Springer Berlin Heidelberg

About this paper

Cite this paper

Aurum, A., Wohlin, C. (2007). A Value-Based Approach in Requirements Engineering: Explaining Some of the Fundamental Concepts. In: Sawyer, P., Paech, B., Heymans, P. (eds) Requirements Engineering: Foundation for Software Quality. REFSQ 2007. Lecture Notes in Computer Science, vol 4542. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-73031-6_8

Download citation

  • DOI: https://doi.org/10.1007/978-3-540-73031-6_8

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-73030-9

  • Online ISBN: 978-3-540-73031-6

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics