We consider software development as an economic activity, where goods and services can be modeled as a resource constrained task allocation problem. This paper introduces a market based mechanism to overcome task allocation issues in a software development process. It proposes a mechanism with a prescribed set of rules, where valuation is based on the behaviors of stakeholders such as biding for a task. A bid process ensures that a stakeholder, who values the resource most, will have it allocated for a limited number of times. To observe the bidders behaviors, we initiate an approach incorporated with a process simulation model. Our preliminary results support the idea that our model is useful for optimizing the value based task allocations, creating a market value for the project assets, and for achieving proper allocation of project resources specifically on large scale software projects. © 2012 Springer-Verlag.
CITATION STYLE
Yilmaz, M., & O’Connor, R. V. (2012). A market based approach for resolving resource constrained task allocation problems in a software development process. In Communications in Computer and Information Science (Vol. 301 CCIS, pp. 25–36). https://doi.org/10.1007/978-3-642-31199-4_3
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