Model Value Analysis

Source: http://www.omg.org/oceb/ModelValueAnalysisBridgelandZahavi.pdf

How to build a good model

• Building a good model requires avoiding value destruction

Value Destruction

"situation in which a company takes an action that has a smaller economic benefit than the cost of the action"

e.g. sales is is lower than the cost

Benefits of a model

The purposes of the model:

1. communication
2. training
3. persuasion
4. analysis
5. compliance checking
6. requirements for software development
7. direct execution
8. knowledge management and reuse