Home // International Journal On Advances in Software, volume 5, numbers 3 and 4, 2012 // View article
Authors:
Beata Czarnacka-Chrobot
Keywords: software engineering economics; business software systems development and enhancement projects variants; rational investment decision; effectiveness; efficiency; benchmarking data; case study
Abstract:
Execution of Business Software Systems (BSS) Development and Enhancement Projects (D&EP) is characterised by the exceptionally low effectiveness, leading to the considerable financial losses. Thus, it is necessary to rationalize investment decisions made with regard to the projects of this type. Each rational investment decision should meet two measurable criteria: effectiveness and economic efficiency. In order to make ex ante evaluation of these criteria, being key to the decision-making process, one may successfully use ever richer resources of benchmarking data, having been collected in special repositories that were created with improvement of software processes and products in mind. The goal of this paper is to present possibilities of employing benchmarking data in the rationalization of investment decision concerning the choice of BSS D&EP execution variant on the basis of a case study. Thanks to the rational investment decisions made on the basis of reliable and objective benchmarking data it is possible to reduce losses caused by the low effectiveness of BSS D&EP. These issues classify into economics problems of software engineering.
Pages: 191 to 199
Copyright: Copyright (c) to authors, 2012. Used with permission.
Publication date: December 31, 2012
Published in: journal
ISSN: 1942-2628