In today’s scenario, software has become an essential component in all kinds of systems. The size and the complexity of the software increases with a corresponding increase in its functionality, hence leads to the development of the modular software systems. Software developers emphasize on the concept of component based software engineering (CBSE) for the development of modular software systems. The CBSE concept consists of dividing the software into a number of modules; selecting Commercial Off-the-Shelf (COTS) for each module; and finally integrating the modules to develop the final software system. The selection of COTS for any module plays a vital role in software development. To address the problem of selection of COTS, a framework for ranking and selection of various COTS components for any software system based on expert opinion elicitation and fuzzy-based matrix methodology is proposed in this research paper. The selection problem is modeled as a multi-criteria decision making (MCDM) problem. The evaluation criteria are identified through extensive literature study and the COTS components are ranked based on these identified and selected evaluation criteria using the proposed methods according to the value of a permanent function of their criteria matrices. The methodology is explained through an example and is validated by comparing with an existing method.

There is a tremendous growth of the use of the component based software engineering (CBSE) approach for the development of software systems. The selection of the best suited COTS components which fulfils the necessary requirement for the development of software(s) has become a major challenge for the software developers. The complexity of the optimal selection problem increases with an increase in alternative potential COTS components and the corresponding selection criteria. In this research paper, the problem of ranking and selection of Data Base Management Systems (DBMS) components is modeled as a multi-criteria decision making problem. A ‘Fuzzy Distance Based Approach (FDBA)’ method is proposed for the optimal ranking and selection of DBMS COTS components of an e-payment system based on 14 selection criteria grouped under three major categories i.e. ‘Vendor Capabilities’, ‘Business Issues’ and ‘Cost’. The results of this method are compared with other Analytical Hierarchy Process (AHP) which is termed as a typical multi-criteria decision making approach. The proposed methodology is explained with an illustrated example.