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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 (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.

See also edit

Further reading edit

  • 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.

incremental, funding, methodology, incremental, funding, methodology, informed, approach, software, development, which, software, developed, delivered, carefully, prioritized, chunks, customer, valued, functionality, these, chunks, known, minimum, marketable, . 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 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 See also editMinimum viable productFurther reading editDenne 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 nbsp This software engineering related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Incremental funding methodology amp oldid 1155405225, wikipedia, wiki, book, books, library,

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