Optimising value for money in software development through standardised cost metrics in the procurement, development and project management phases. Mission critical and complex software projects habitually exceed budget expectations significantly. Regular outsourcing of software development means that procurement specialists, project managers and software engineers require a common understanding of individual system requirement costs to facilitate accord on price. Contemporary techniques for des ....Optimising value for money in software development through standardised cost metrics in the procurement, development and project management phases. Mission critical and complex software projects habitually exceed budget expectations significantly. Regular outsourcing of software development means that procurement specialists, project managers and software engineers require a common understanding of individual system requirement costs to facilitate accord on price. Contemporary techniques for describing and costing requirements fail to directly map into project management structures, leading to ongoing value comparisons that are subjective and unrepeatable. This research will develop the principles to be used by both clients and suppliers to compute earned value from requirements, leading to more accurate assessments and calculations of Value for Money in software projects.Read moreRead less