Business Value

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Business Value is in management, business value is an informal term that includes all forms of value that determine the health and well‐being of the firm in the long‐run. In agile development, business value is related to all deliverables that increase/protect revenue or reduce/avoid costs in a business.

Definitions

According to the Agile Extension to the BABOK Guide (preview),

Business Value. In management, business value is an informal term that includes all forms of value that determine the health and well‐being of the firm in the long‐run. In agile development, business value is related to all deliverables that increase/protect revenue or reduce/avoid costs in a business.