Section 7.6 - Analyze Potential Value and Recommend Solution

Section 7.6 - Analyze Potential Value and Recommend Solution
Chapter 7 - Requirements Analysis and Design Definition 
by Sandi Byron, VP Marketing

For each design option, the project team will want to estimate the potential value versus the costs related to the solution so as to determine which design option will best meet the requirements. 

The team estimates and models the potential value of the options is done using various guidelines, tools, and techniques listed in sections 7.6.5 and 7.6.6.  The solution option estimates are then compared and contrasted.  Each possible solution will have advantages and disadvantages that must be considered.  This allows the project owner and/or sponsor to select the best option.  Keeping in mind that sometimes, the best option is none of the proposed solutions and thus the best path is to cancel the project.    

The inputs to the task of analyzing potential value and recommending a solution are the potential value (for use as benchmark) and the design options to be evaluated.
The elements for this section are: 1) the expected benefits of the possible solutions which are often realized over time, 2) expected costs which include the cost to get to the solution, negative effects it may have on stakeholders, and future maintenance costs, 3) value determination from the perspective of the stakeholders whether positive or negative, culminating in 4) assessing the design options and recommending a solution.

The stakeholders are the customer, the end user, the sponsor, any regulators, the project manager, domain SMEs, and implementation SMEs.

The output for this task is the Solution Recommendation.

Next month, we will begin the exploration of Chapter 8 - Solution Evaluation.