What is the Value of Value Visualization?

Michael D. HarrisIn my September 9 blog post, I shared my 5-step Value Visualization Framework (VVF); however, I did not discuss the importance of following this process and the benefits you could realize. Below are four reasons why the VVF approach should become a key component of your software development initiatives:

  1. New methodologies don’t provide a comprehensive way to measure and visualize value. Integrating the VVF process alongside your other software development methodologies will help you visualize the value.
  1. VVF enables IT and the business unit to track actual versus target values and make timely, data-driven adjustment decisions.
  1. VVF’s 5-step process focuses on optimizing value streams that will drive cost savings and your organization’s competitive advantage.
  1. VVF drives greater alignment between IT and the business unit and holds all stakeholders accountable for specific outcomes.

The value that can result from following the 5-step VVF process is significant. By arming the IT team with the right business and economic data on each software development project, IT can become a strategic contributor to the organization, rather than just a tactical “implementation arm.”

Michael D. Harris
DCG President

Written by Michael D. Harris at 05:00
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"It's frustrating that there are so many failed software projects when I know from personal experience that it's possible to do so much better - and we can help." 
- Mike Harris, DCG Owner

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