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Business Value
Business Value
The Business Value has been introduced as the 5th variable in Agile Project Management as an objective way to measure customer satisfaction. The Business Value measures the perceived value of a specific need from the Customer/User? point of view.
The Business Value is a number that can either be expressed in absolute units or in relative units. Absolute units are normally currency such as $ or € or £, relative units are measuring the "relative" proportion of value between the considered set of Requirements.
In Agilo the Business Value is represented by Business Value Points which are a non linear collection of numbers: 100, 200, 300, 500, 800, 1200, 2000,
- These numbers are assigned using the
Agile42 Business Value Game.
