Requirements Prioritization in On-line Banking Systems: Using Value-Oriented Framework

The concept of decision making is an important issue that has been recognized in requirements prioritization because most projects are constrained by budget and time; therefore it is often difficult to implement all requirements that have been elicited for a system. For prioritization purposes, many approaches have been proposed so far to help the process but still it is not possible to get a real understanding of whether one approach is better. One reason for this may be that different studies are done in different contexts, measure and report different variables, and use different data sets. This makes it hard to compare different studies with each other to get an understanding of when different prioritization approaches are suitable to use. It is also important to realize that using common and similar studies for the body of knowledge in this area will not be possible. This paper presents a study designed for prioritizing of online-banking system requirements through using value-oriented framework which is based on bank business value. Three bank employees from online-banking group have participated in a survey for this study. This study demonstrates accuracy and ease of use of value-oriented framework prioritization in the banking systems by managing and prioritizing of the requirements.