Analytical Methods In Software Engineering Economics

This volume presents a selection of the presentations from the first annual conference on Analytical Methods in Software Engineering Economics held at The MITRE Corporation in McLean, Virginia. The papers are representative of the issues that are of interest to researchers in the economics of information systems and software engineering economics. The 1990s are presenting software economists with a particularly difficult set of challenges. Because of budget considerations, the number of large new software development efforts is declining. The primary focus has shifted to issues relating to upgrading and migrating existing systems. In this environment, productivity enhancing methodologies and tools are of primary interest. The MITRE Software Engineering Analysis Conference was designed to address some of th,~ new and difficult challenges that face our profession. The primary objective of the conference was to address new theoretical and applications directions in Software Engineering Economics, a relatively new discipline that deals with the management and control of all segments of the software life-cycle. The discipline has received much visibility in the last twenty-five years because of the size and cost considerations of many software development and maintenance efforts, particularly in the Federal Government. We thank everyone who helped make this conference a success, especially those who graciously allowed us to include their work in this volume.

Software Engineering Economics is a relatively new discipline that deals with all segments of the software life cycle. The discipline has received much visibility in recent years because of the size and cost considerations of many software development and maintenance efforts. This book places additional emphasis on the Federal Government`s Information Resource Management initiative and deals with related issues such as Business Re-engineering, Functional Economic Analysis, Organizational Process Modelling and the Economics of Reuse.

Software Engineering Economics is an invaluable guide to determining software costs, applying the fundamental concepts of microeconomics to software engineering, and utilizing economic analysis in software engineering decision making.

The IT community has always struggled with questions concerning the value of an organization’s investment in software and hardware. It is the goal of value-based software engineering (VBSE) to develop models and measures of value which are of use for managers, developers and users as they make tradeoff decisions between, for example, quality and cost or functionality and schedule – such decisions must be economically feasible and comprehensible to the stakeholders with differing value perspectives. VBSE has its roots in work on software engineering economics, pioneered by Barry Boehm in the early 1980s. However, the emergence of a wider scope that defines VBSE is more recent. VBSE extends the merely technical ISO software engineering definition with elements not only from economics, but also from cognitive science, finance, management science, behavioral sciences, and decision sciences, giving rise to a truly multi-disciplinary framework. Biffl and his co-editors invited leading researchers and structured their contributions into three parts, following an introduction into the area by Boehm himself. They first detail the foundations of VBSE, followed by a presentation of state-of-the-art methods and techniques. The third part demonstrates the benefits of VBSE through concrete examples and case studies. This book deviates from the more anecdotal style of many management-oriented software engineering books and so appeals particularly to all readers who are interested in solid foundations for high-level aspects of software engineering decision making, i.e., to product or project managers driven by economics and to software engineering researchers and students.

The Economics of Information Systems and Software focuses on the economic aspects of information systems and software, including advertising, evaluation of information systems, and software maintenance. The book first elaborates on value and values, software business, and scientific information as an economic category. Discussions focus on information products and information services, special economic properties of information, culture and convergence, hardware and software products, materiality and consumption, technological progress, and software flexibility. The text then takes a look at advertising to finance software, perspectives on East-West relations in economics and information, and evaluation of information systems. Topics include research on information systems, knowledge on Eastern European information services, GDR information institutes, local databases, GDR databases, CMEA directions, and theoretical propositions. The manuscript reviews software reuse, software methodology in the harsh light of economics, quantitative aspects of software maintenance management, and calibrating a software cost-estimation model. Concerns cover the need for calibration, measuring maintainability, prognosis of maintenance effort, object-oriented programming, metaprogramming, and software quality and reuse. The text is a dependable reference for computer science experts and researchers wanting to explore further the economics of information systems and software.

The pervasiveness of software in business makes it crucial that software engineers and developers understand how software development impacts an entire organization. Strategic Software Engineering: An Interdisciplinary Approach presents software engineering as a strategic, business-oriented, interdisciplinary endeavor, rather than simply a technica

Economics-driven Software Architecture presents a guide for engineers and architects who need to understand the economic impact of architecture design decisions: the long term and strategic viability, cost-effectiveness, and sustainability of applications and systems. Economics-driven software development can increase quality, productivity, and profitability, but comprehensive knowledge is needed to understand the architectural challenges involved in dealing with the development of large, architecturally challenging systems in an economic way. This book covers how to apply economic considerations during the software architecting activities of a project. Architecture-centric approaches to development and systematic evolution, where managing complexity, cost reduction, risk mitigation, evolvability, strategic planning and long-term value creation are among the major drivers for adopting such approaches. It assists the objective assessment of the lifetime costs and benefits of evolving systems, and the identification of legacy situations, where architecture or a component is indispensable but can no longer be evolved to meet changing needs at economic cost. Such consideration will form the scientific foundation for reasoning about the economics of nonfunctional requirements in the context of architectures and architecting. Familiarizes readers with essential considerations in economic-informed and value-driven software design and analysis Introduces techniques for making value-based software architecting decisions Provides readers a better understanding of the methods of economics-driven architecting

This is the most authoritative archive of Barry Boehm's contributions to software engineering. Featuring 42 reprinted articles, along with an introduction and chapter summaries to provide context, it serves as a "how-to" reference manual for software engineering best practices. It provides convenient access to Boehm's landmark work on product development and management processes. The book concludes with an insightful look to the future by Dr. Boehm.