Saturday, December 8, 2007

More thoughts on valuation

Somewhere on the Tyner Blain blog it says this:
"Financial benefit is what we have to base our decisions on - both hard ROI and soft ROI data. We can measure cost data, and even forecast it - taking into account both fixed and variable costs. But if we use the wrong cost allocation strategy, we will make suboptimal decisions. The success of a requirement is based upon the ratio of value to costs."

Many streams of thought conclusion is this; bad numbers are worse than no numbers. Maybe during the retro we should look back at the predictions and see how accurate we were, then apply that same percentage of correctness to future considerations.

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