Software Engineering Economics

From SEBoK
Jump to: navigation, search
Boehm, B. 1981. Software Engineering Economics. Upper Saddle River, NJ, USA: Prentice Hall.


This source is considered a primary reference for the Risk Management article.


Chapters 19 and 20 of Software Engineering Economics deal with risk and decision making under uncertainty in the context of software-intensive systems. Chapter 19 presents data on asymmetric utility functions between gains and losses, and shows that these need to be considered when balancing risk and opportunity management. Chapter 20 uses statistical decision theory to show how to determine "how much is enough?" when investing in buying information to reduce risk (via prototypes, formal methods, models and simulations, etc.) in terms of the reduced probabilities of false positives and false negatives as a function of the level of investment. Since these probabilities are difficult to determine, the chapter also provides English translations of the formulas as applied to the use of prototypes, formal methods, models and simulations, etc. in risk management practice.

SEBoK v. 1.9 released 17 November 2017

SEBoK Discussion

Please provide your comments and feedback on the SEBoK below. You will need to log in to DISQUS using an existing account (e.g. Yahoo, Google, Facebook, Twitter, etc.) or create a DISQUS account. Simply type your comment in the text field below and DISQUS will guide you through the login or registration steps. Feedback will be archived and used for future updates to the SEBoK. If you provided a comment that is no longer listed, that comment has been adjudicated. You can view adjudication for comments submitted prior to SEBoK v. 1.0 at SEBoK Review and Adjudication. Later comments are addressed and changes are summarized in the Letter from the Editor and Acknowledgements and Release History.

If you would like to provide edits on this article, recommend new content, or make comments on the SEBoK as a whole, please see the SEBoK Sandbox.

blog comments powered by Disqus