Abstract
A value model is an abstract representation of an organization and is used for capturing and describing the rationale of how the organization creates, delivers, and captures business value. Value-driven development methods use the notion of “economic value exchange” to define more efficient business strategies and align Information Systems with the organization goals. However, current value-driven methods are complex and there is not enough empirical evidence about which of the existing methods is more effective under what circumstances. This paper addresses this issue by presenting a controlled experiment aimed at comparing the Dynamic Value Description (DVD) method, which is a recently defined cognitive early requirements approach, with the well-known e3value method, with respect to their effectiveness, efficiency, perceived ease of use, perceived usefulness and intention to use. The results show that DVD has proved to be a promising method for specifying business value.
Paper Type
Event
Evaluating the Efficacy of Value-driven Methods: A Controlled Experiment
A value model is an abstract representation of an organization and is used for capturing and describing the rationale of how the organization creates, delivers, and captures business value. Value-driven development methods use the notion of “economic value exchange” to define more efficient business strategies and align Information Systems with the organization goals. However, current value-driven methods are complex and there is not enough empirical evidence about which of the existing methods is more effective under what circumstances. This paper addresses this issue by presenting a controlled experiment aimed at comparing the Dynamic Value Description (DVD) method, which is a recently defined cognitive early requirements approach, with the well-known e3value method, with respect to their effectiveness, efficiency, perceived ease of use, perceived usefulness and intention to use. The results show that DVD has proved to be a promising method for specifying business value.
Recommended Citation
Souza, E., Abrahão, S., Insfran, E., Moreira, A., & Araújo, J. (2017). Evaluating the Efficacy of Value-driven Methods: A Controlled Experiment. In Paspallis, N., Raspopoulos, M. Barry, M. Lang, H. Linger, & C. Schneider (Eds.), Information Systems Development: Advances in Methods, Tools and Management (ISD2017 Proceedings). Larnaca, Cyprus: University of Central Lancashire Cyprus. ISBN: 978-9963-2288-3-6. http://aisel.aisnet.org/isd2014/proceedings2017/ISDMethodologies/6.