Tag: INNOROO

Net Present Value | Glossary

Karan Negi Leave a comment

Definition

The discounted business value of nontraditional methods that is used to create software is known as the Net Present Value (NPV). The discount in this case, means to either reduce value, or devalue or lower the expected benefits received from Agile development methods over time. The two ways of increasing profits are : 1) increase its revenues or 2) decrease its costs.

NPV is often a metric that is used to determine the investment potential of a project. It offers a comparison between the present value of your investment, and the future returns that are expected. It takes into account the principle in economics that is refereed to as the “time value of money”, which offers the implication that a currency earned today is more valuable than that earned tomorrow.

Further Reading

  •  “The Art of Agile Development”(book), by James Shore

Fifty Quick Ideas to Improve Your User Stories | Book Series

Alekya N.R Leave a comment

Overview: This is a book for anyone who is working in an iterative delivery environment, and doing planning with user stories. The ideas in this book are helpful to people who are relatively new to user stories and also to the one who have experience in working with user stories. This book will help the readers to write good user stories, spot defects and fix the common issues, and helps you keep it smaller but still valuable, and deal with difficult stuff like cross team requirements and concerns, long-term effects, and non-functional requirements. This book will help you understand the importance of Agile and iterative delivery, and ensure that the right stuff gets delivered through productive discussions between delivery team members and business stakeholders.

Authors:

Gojko Adzic, David Evans

Published In:

2014