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Issue No. 01 - January/February (2008 vol. 25)
ISSN: 0740-7459
pp: 80-87
Jongmoon Baik , Information and Communications University
Kwangsin Han , Korean Asset Management Corp.
Sangsoo Kim , Korea University
Rick Kazman , University of Hawaii
Hoh Peter In , Korea University
An effective way for software development organizations to survive in competitive markets is to make competition irrelevant through requirements that create new value. Value-Innovative Requirements Engineering is a novel requirements-engineering process to support this market approach. VIRE is based on the blue-ocean strategy for creating an uncontested new market space that satisfies new customer desires and needs. The VIRE process guides the creation of new value for potential customers, using blue ocean?s ERRC (eliminate, reduce, raise, and create) requirements analysis process as well as quantitative requirements analyses. A case study shows how VIRE created significant new market value.
requirements engineering, customer satisfaction, value innovation, value-based software engineering
Jongmoon Baik, Kwangsin Han, Sangsoo Kim, Rick Kazman, Hoh Peter In, "VIRE: Sailing a Blue Ocean with Value-Innovative Requirements", IEEE Software, vol. 25, no. , pp. 80-87, January/February 2008, doi:10.1109/MS.2008.27
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