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Requirement Prioritization
Requirement prioritization is used in the Software product management for determining which candidate requirements of a software product should be included in a certain release. Requirements are also prioritized to minimize risk during development so that the most important or high risk requirements are implemented first. Several methods for assessing a prioritization of software requirements exist. Introduction In Software product management there exist several sub processes. First of all there is portfolio management where a product development strategy is defined based on information from the market and partner companies. In product roadmapping (or technology roadmapping), themes and core assets of products in the portfolio are identified and roadmap constructions are created. In requirements management candidate software requirements for a product are gathered and organized. Finally, in the release planning activity, these requirements are prioritized and selected for a release ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Software Product Management
Software product management (sometimes referred to as ''digital product management'' or just ''product management'' depending on the context) is the discipline of building, implementing and managing digital products, taking into account life cycle, user interface and user experience design, use cases, and user audience. It governs the development cycle of a product from its inception to the market or customer delivery and service in order to maximize revenue. This is in contrast to software that is delivered in an ''ad hoc'' manner, typically to a limited clientele, e.g. service.market, identify the opportunity as well as develop and market an appropriate piece of software. Hence the need for product management as a core business function in software companies. Computer hardware, Hardware and physical product companies may also need software product management, since software and digital systems are often part of the delivery, such as when providing operating systems, or supporti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Binary Search Tree
In computer science, a binary search tree (BST), also called an ordered or sorted binary tree, is a Rooted tree, rooted binary tree data structure with the key of each internal node being greater than all the keys in the respective node's left subtree and less than the ones in its right subtree. The time complexity of operations on the binary search tree is Time complexity#Linear time, linear with respect to the height of the tree. Binary search trees allow Binary search algorithm, binary search for fast lookup, addition, and removal of data items. Since the nodes in a BST are laid out so that each comparison skips about half of the remaining tree, the lookup performance is proportional to that of binary logarithm. BSTs were devised in the 1960s for the problem of efficient storage of labeled data and are attributed to Conway Berners-Lee and David_Wheeler_(computer_scientist), David Wheeler. The performance of a binary search tree is dependent on the order of insertion of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sjaak Brinkkemper
Jacobus Nicolaas (Sjaak) Brinkkemper (born Monnickendam, 18 January 1958) is a Dutch computer scientist, and Full Professor of organisation and information at the Department of Information and Computing Sciences of Utrecht University. Biography Brinkkemper received a BA from the University of Amsterdam in 1980 and an MSc from the Radboud University Nijmegen in 1984, both in Mathematics. In 1990 he received a PhD at the same university with his thesis ''Formalisation of information systems modelling'', supervised by Eckhard Falkenberg and Alex Verrijn Stuart. In 1984 he became an assistant professor at the department of Informatics at the Radboud University. In 1992 he became associate professor at the University of Twente. In addition, he has been a process architect at Baan from 1996 to 2002 and a consultant at Emendas for another year. Since 2004 Brinkkemper is full professor at Utrecht University, where he leads a group of about twenty researchers specialized in product so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MoSCoW Method
The MoSCoW method is a prioritization technique. It is used in software development, management, business analysis, and project management to reach a common understanding with stakeholders on the importance they place on the delivery of each requirement; it is also known as ''MoSCoW prioritization'' or ''MoSCoW analysis''. The term ''MOSCOW'' itself is an acronym derived from the first letter of each of four prioritization categories: M - ''Must have'', S - ''Should have'', C - ''Could have'', W - ''Won’t have''. The interstitial ''O''s are added to make the word pronounceable. While the ''O''s are usually in lower-case to indicate that they do not stand for anything, the all-capitals ''MOSCOW'' is also used. Background This prioritization method was developed by Dai Clegg in 1994 for use in rapid application development (RAD). It was first used extensively with the dynamic systems development method (DSDM) from 2002. MoSCoW is often used with timeboxing, where a dead ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cumulative Voting
Cumulative voting (sometimes called the single divisible vote) is an election system where a voter casts multiple votes but can lump votes on a specific candidate or can split their votes across multiple candidates. The candidates elected are those receiving the largest number of votes cast in the election, up to the number of representatives to be elected. Cumulative voting can simplify strategic voting, by allowing larger groups of voters to elect multiple representatives by splitting their vote between multiple candidates. This removes the complexity associated with randomized or coordinated strategies. It may be thought of as a variant of block voting. Under both cumulative voting and block voting, a voter casts multiple votes but in the case of cumulative voting, can lump them all on one candidate (the equivalent of engaging in plumping). When voters do this, the result is similar to SNTV. When supporters of a minority candidate do this, they may be of sufficient stren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planning Game
Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. Some researchers regard the evolution of forethought - the capacity to think ahead - as a prime mover in human evolution. Planning is a fundamental property of intelligent behavior. It involves the use of logic and imagination to visualize not only a desired result, but the steps necessary to achieve that result. An important aspect of planning is its relationship to forecasting. Forecasting aims to predict what the future will look like, while planning imagines what the future could look like. Planning according to established principles - most notably since the early-20th century - forms a core part of many professional occupations, particularly in fields such as management and business. Once people have developed a plan, they can measure and assess progress, efficiency and effectiveness. As circumst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Requirements
In engineering, a requirement is a condition that must be satisfied for the output of a work effort to be acceptable. It is an explicit, objective, clear and often quantitative description of a condition to be satisfied by a material, design, product, or service. A specification or spec is a set of requirements that is typically used by developers in the design stage of product development and by testers in their verification process. With iterative and incremental development such as agile software development, requirements are developed in parallel with design and implementation. With the waterfall model, requirements are completed before design or implementation start. Requirements are used in many engineering fields including engineering design, system engineering, software engineering, enterprise engineering, product development, and process optimization. Requirement is a relatively broad concept that can describe any necessary or desired function, attribute, capabil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Relative Value (economics)
In finance, relative value is the attractiveness measured in terms of risk, liquidity, and return of one financial asset relative to another, or for a given instrument, of one maturity relative to another. The concept arises in economics, business and investment. In hedge funds The use of relative value is a method of determining an asset's value that takes into account the value of similar assets. In contrast, absolute value looks only at an asset's intrinsic value and does not compare it to other assets. Calculations that are used to measure the relative value of stocks include the enterprise ratio and price-to-earnings ratio. Prices Prices of valued items undergo questionable fluctuations. For example, even though housing provides the same utility to the individual over time, and the housing stock is relatively constant or stable, the relative price of housing fluctuates. This holds even more so with stocks, oil and gold. This price volatility appears to occur in cycles and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Saaty
Thomas L. Saaty (July 18, 1926 – August 14, 2017) was a Distinguished University Professor at the University of Pittsburgh, where he taught in the Joseph M. Katz Graduate School of Business. He is the inventor, architect, and primary theoretician of the Analytic Hierarchy Process (AHP), a decision-making framework used for large-scale, multiparty, multi-criteria decision analysis, and of the Analytic Network Process (ANP), its generalization to decisions with dependence and feedback. Later on, he generalized the mathematics of the ANP to the Neural Network Process (NNP) with application to neural firing and synthesis but none of them gain such popularity as AHP. He died on the 14th of August 2017 after a year-long battle with cancer. Prior to coming to the University of Pittsburgh, Saaty was professor of statistics and operations research at the Wharton School of the University of Pennsylvania (1969–79). Before that, he spent fifteen years working for U.S. government agenci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
