Modeling Agile Software Maintenance Process Using Analytical Theory of Project Investment

A new modeling approach to analyze the impact of schedule pressure on the economic effectiveness of agile maintenance process is presented in this paper. Based on a causal loop diagram the authors developed earlier and the analytical theory of project investment, this paper analyzed the effect of schedule pressure on the economic effectiveness. Preliminary results show that maintenance effectiveness is low when schedule pressure is high, and is high when schedule pressure is low.

[1]  B. Øksendal.  Stochastic differential equations : an introduction with applications , 1987 .

[2]  Jing Chen,et al.  Institutional Structures and Policies in an Environment of Increasingly Scarce and Expensive Resources: A Fixed Cost Perspective , 2010 .

[3]  Martin Fowler,et al.  The new methodology , 2001, Wuhan University Journal of Natural Sciences.

[4]  Kent L. Beck,et al.  Extreme programming explained - embrace change, Second Edition , 2005, The XP series.

[5]  Stuart E. Madnick,et al.  Software Project Dynamics: An Integrated Approach , 1991 .

[6]  Jing Chen,et al.  An Analytical Theory of Project Investment: A Comparison with Real Option Theory , 2003 .

[7]  David Lowe,et al.  Modelling an Agile Web Maintenance Process , 2005 .

[8]  Stephen K. Markham.  Reinventing Project Management: The Diamond Approach to Successful Growth and Innovation , 2007 .

[9]  F. Black,et al.  The Pricing of Options and Corporate Liabilities , 1973, Journal of Political Economy.

[10]  Aaron J. Shenhar,et al.  Reinventing project management : the diamond approach to successful growth & innovation , 2007 .

[11]  Ning Nan,et al.  Impact of Budget and Schedule Pressure on Software Development Cycle Time and Effort , 2009, IEEE Transactions on Software Engineering.

[12]  David B. Lowe,et al.  Critical Feature Method - A Lightweight Web Maintenance Methodology for SMEs , 2006, J. Digit. Inf..

[13]  Kent L. Beck,et al.  Extreme programming explained - embrace change , 1990 .

[14]  J. Chen.  The Physical Foundation of Economics: An Analytical Thermodynamic Theory , 2005 .