Abstract
Global software development (GSD) outsourcing is a modern business strategy for producing high quality software at low cost. Most of the problems in Global software development (GSD) occur due to the lack of communication between stakeholders, time zone issues, cultural differences, etc. In this paper, our main emphasis will be to improve the Value-based requirement elicitation (VBRE) steps in GSD environment and also to overcome the major GSD environment problems while taking the process of requirement elicitation from valued stakeholders. Though this model works for every kind of project but specifically for generic software.