6. Analyze Potential Value & Recommend Solution

Question 1

Purpose

Answer 1

To estimate the potential value for each design option and establish which one is the most appropriate to meet enterprise reqs

Question 2

Description

Answer 2

Design option are evaluated by comparing the potential value of each option to the other options. Each option has mix of advantages and disadvantages to consider
May be no best option to recommend or may be clear best choice
May be all proposed design rejected and more analysis to define a suitable -> the best recommendation is to do nothing

Question 3

Inputs

Answer 3

Potential value

Design options

Question 4

Elements 1

Answer 4

1. Expected benefits
   Describe the positive value deliver to sh
   Can include: benefit, reduced risk, compliance with biz policy and regulation, improve user experience other positive outcome
   Benefit often realized over a period of time

Question 5

Elements 2

Answer 5

2. Expected costs
   Any potential negative value
   Can include:
   Timeline
   Effort
   Operating costs
   Maintenance cost
   Physical resources
   Information resources
   Human resources
   Purchase and implement costs

Question 6

Elements 3

Answer 6

3. Determine value
   Potential value of a solution to a sh is based on the benefits delivers by that solution and associated costs
   Value can be positive or negative

Value to enterprise heavily than value for any individual sh

Potential value is uncertain value

Benefit describe as in tangible, costs expressed as tangible -> difficult for decision making

Question 7

Elements 4

Answer 7

4. Assess design options and recommend solution
   Factor ro consideration:
   - available resources: limitation based on allocation resources, some case Ba can be developed to justify add investment
   - constraints on the solution
   - dependencies between reqs

Question 8

Guidelines and tools

Answer 8

Biz objectives: used to calculate the expected benefit
Current state description
Future state description
Risk analysis results
Solution scope

Question 9

Techniques

Answer 9

Acceptance and evaluation criteria
Backlog mng
Brainstorming
Biz cases
Biz model canvas
Decision analysis
Estimation
Financial analysis
Focus groups
Interviews
Metrics and KPI
Risk analysis and mng
Survey
Swot analysis: identify strength and weakness impact value of solutions
Workshops

Question 10

Stakeholders

Answer 10

Customer
End user
Domain sme: assist analyzing potential value and benefit
Implementation sme: expertise to identify potential costs and risks
Project manager: manage the selection process
Regulator: involved risk evaluation
Sponsor: approve final recomendation

Question 11

Outputs

Answer 11

Solution recommendation
identifies the suggested, most appropriate solution based on an evaluation of all defined design option.
The recommendation solution should max value provided to the enterprise