Incremental funding methodology
- Incremental funding methodology
-
The Incremental Funding Methodology (IFM) is an ROI-informed approach to software development in which software is developed and delivered in carefully prioritized chunks of customer valued functionality. These chunks are known as Minimum Marketable Features or MMFs.
IFM integrates traditional software engineering activities with financially informed project management strategies. IFM heuristics provide clarity into important metrics such as project level NPV, ROI, initial start-up investment costs, and time needed for a project to reach self-funding status. It enables developers, customers, and business stakeholders to answer critical questions related to the development and delivery of a product and to optimize strategies accordingly.
In short, IFM equips developers and project managers with techniques and principles for increasing the financial returns of a software project and for identifying development schedules that make a project financially feasible.
Further reading
- Denne, Mark; Cleland-Huang, Jane (2003). Software by Numbers: Low-Risk, High-Return Development. Upper Saddle River, NJ: Prentice Hall PTR. ISBN 0-13-140728-7.
Categories:
- Software engineering costs
- Software engineering stubs
Wikimedia Foundation.
2010.
Look at other dictionaries:
Software development process — Activities and steps Requirements Specification … Wikipedia
Increment — An increment is an increase of some amount, either fixed or variable. For example one s salary may have a fixed annual increment or one based on a percentage of its current value. A decrease is called a decrement. Increment or incremental may… … Wikipedia
Цикл разработки программного обеспечения — Эта статья предлагается к удалению. Пояснение причин и соответствующее обсуждение вы можете найти на странице Википедия:К удалению/30 июля 2012. Пока процесс обсуждения … Википедия
MMF — may refer to:*MMF file, a file extension used for SMAF polyphonic ring tones * Make money fast! , an email spam that has persisted on the Internet since at least 1988 *Mercy Ministries Foundation, a Christian charitable organization *Minimal… … Wikipedia
IFM — may refer to:* Incremental funding methodology, is an ROI informed approach to software development. * The indice forêt météo is an estimation of the risk of wildfire computed by Météo France, the French national meteorology institute; it means… … Wikipedia
Software project management — is a sub discipline of project management in which software projects are planned, monitored and controlled. Software development process A software development process is concerned primarily with the production aspect of software development, as… … Wikipedia
Data & Analysis Center for Software — The Data Analysis Center for Software (DACS) is one of several United States Department of Defense (DoD) sponsored Information Analysis Centers (IACs), administered by the Defense Technical Information Center (DTIC). It is technically managed by… … Wikipedia
Project management — is the discipline of planning, organizing, securing, and managing resources to achieve specific goals. A project is a temporary endeavor with a defined beginning and end (usually time constrained, and often constrained by funding or deliverables) … Wikipedia
Political corruption — World map of the 2010 Corruption Perceptions Index by Transparency International, which measures the degree to which corruption is perceived to exist among public officials and politicians . High numbers (blue) indicate less perception of… … Wikipedia
Translational medicine — is the emerging view of medical practice and interventional epidemiology, as a natural 21st century progression from Evidence Based Medicine. It integrates research inputs from the basic sciences, social sciences and political sciences to… … Wikipedia
