We now demonstrate the IFM principles in an example project, comparing the IFM heuristic and the greedy heuristic, and evaluating their results against all possible sequences.
In this chapter we illustrate the IFM principles using a hypothetical project— construction of a financial services portal for a retail bank—designed to demonstrate the methodology in action.
The bank wants to develop a Web-facing application to provide its customers with a range of transactional and informational services. The development costs are to be offset by a mixture of new account revenue and operational savings from the business.
As is the case in many portal projects, there are distinctly identifiable parts of the ...