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- W2181720240 abstract "This paper describes a novel methodology for valuing and planning entrepreneurial IT investments: IT‑DDP is a blend of traditional software cost and effort estimation approaches, such as Function Points and COCOMO, with an established method for new venture assessment — Discovery Driven Planning (DDP). Two major adaptations to DDP are proposed. Firstly, since information system development is human-capital intensive, and firms should choose projects that help grow the value of the finite skilled labor resource, Return on Invested Time (ROTI) becomes the optimization target, instead of simply Return On Investment (ROI). Secondly, standard cost and effort estimation frameworks, from the software industry, are incorporated. Attention is targeted at high impact revenue and expense assumptions that often outweigh software development time-cost concerns. Priority is given to gathering high-value knowledge first, and valuable project progression or abandonment decisions can be made earlier on in the system development life cycle." @default.
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- W2181720240 date "2009-01-01" @default.
- W2181720240 modified "2023-09-28" @default.
- W2181720240 title "IT-DDP: A Novel Methodology for Assuring Economic Value From Entrepreneurial Information Technology Projects" @default.
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