Model Value Analysis

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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