System and method for evaluating and selecting software components and services

A computerized process comprising:

• receiving into a computer processor parameters relating to non-functional attributes of a proposed software component or service;
• receiving into the computer processor parameters relating to non-functional attributes of one or more available software components or services, wherein the available software components comprise software components that are available for purchase in a catalog of off the shelf software components;
• receiving into the computer processor a weight for each of the non-functional attributes;
• calculating with the computer processor a quality and a risk for each available software component or service as a function of the parameters of the proposed software component or service, the parameters for the one or more available software components or services, and the weight for each of the non-functional attributes;
• and
• outputting to a display device, a computer memory, or to another computer processor one or more of the quality and the risk for the one or more available software components or services.

A non-transitory machine-readable medium storing instructions, which, when executed by a processor, cause the processor to perform a process comprising:

• receiving into a computer processor parameters relating to non-functional attributes of a proposed software component or service;
• receiving into the computer processor parameters relating to non-functional attributes of one or more available software components or services;
• receiving into the computer processor a weight for each of the non-functional attributes;
• calculating with the computer processor a quality and a risk for each available software component or service as a function of the parameters of the proposed software component or service, the parameters for the one or more available software components or services, and the weight for each of the non-functional attributes;
• and
• outputting to a display device, a computer memory, or to another computer processor one or more of the quality and the risk for the one or more available software components or services.