Project: EAKAT

Class: Business_Value

Parent Class(es): 

  1. Documented_Item
  2. Export_Items
  3. Identified_Item
  4. Prioritized_Item
  5. Reviewable_Item
  6. Sourced_Item
  7. Strategy

Instances:

  • None

Subclasses:

  • None

Business value is a well-defined statement of direction, written in terms of the business model, intended to delivery on the business driver. The Business Value is the "so what" summary of all the quality advancements.

Attribute Definitions
Name Documentation Type Values Allowed Number Allowed Assumed Value
Description 

A Documented Item is an item that requires descriptive text above and beyond what the reader may gain from looking at the other attributes individually.

 
String VTYPE   0:1   
Item_Source 

This is the source for the information in this item.

 
Instance VTYPE Source  0:*   
Priority 

This is the level of importance, or urgency that this item has in relation to other prioritized items of the same class.

 
Symbol VTYPE High, Medium, Low, None  0:1   
Part_of_Business_Driver 

This relationship depicts all of the Business Drivers of which is a Business Value constuent.

 
Instance VTYPE Business_Driver  0:*   
Quality_Transitions 

This is the list of quality changes.

 
Instance VTYPE Quality_Transition  0:*   
Targets 

These are the business features targeted by this business value.

 
Instance VTYPE Capabiltiy  0:*   
Realized_by 

This relationship depicts Projects in which the business expect the Desired Value will be realized enabling the Business Driver.

 
Instance VTYPE Project  0:*   
Name 

This is an item that readers can identify for one another by referring to a single word, or phrase.

 
String VTYPE   1:1   
Item_Review_Status 

This is the review status of the item.

 
Instance VTYPE Review_Status  0:1   
Attributes
Name Documentation Type Value
Item_Source 

This is the source for the information in this item.

 
Instance 
Business Dynamics: Systems Thinking and Modeling for a Complex World
 
Aliases 

These are all of the other names by which this item goes.

 
Instance 
 
Modeling Value 

This is value of including this item in the Enterprise Architecture.

 
String 
Although business drivers are typically goal-oriented, they can also be challenging in that they can be vague and confusing.  Business drivers written as platitudes challenge business operations in defining direction or proving delivery.  Business value is a targeted response by those responsible for delivery in various areas of the enterprise.
 
Examples 

These are examples of instances of this class.

 
String 
Product Mix
Payor Mix
Speed to Market