Abstract
Profitability is the main goal of every software organization. Software companies develop products to capture greater market place and gain the attention of targeted customers or stakeholder. In the past the software engineering field was not able to determine the stakeholder’s value of the developing product as mostly systems were based on value neutral setting. With the emergence of Value based software engineering (VBSE) the traditional software engineering discipline is vastly changed as during product development the stakeholder’s value proposition plays an important part and the development is done accordingly. In this article I cover some important aspects of value based software engineering regarding their impact in software reusability and quality. Different value based pricing criteria are discussed. Empirical research and value based selection of best suitable automated tools and existing Component off the shelf (COTS) and conflicts between different stakeholders of the same system are also taken into account. In the 3rd section Critical review of the all papers is performed and their plus and negative points are mentioned. At last the Conclusion and future work in value based software engineering field is presented.
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