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  2. Project management triangle - Wikipedia

    en.wikipedia.org/wiki/Project_management_triangle

    Determining Resource Cost rates: The cost of goods and labor by unit gathered through estimates or estimation. Bottom Up estimating: Using the lowest level of work package detail and summarizing the cost associated with it. Then rolling it up to a higher level aimed and calculating the entire cost of the project.

  3. Software development effort estimation - Wikipedia

    en.wikipedia.org/wiki/Software_development...

    Estimation approach Category Examples of support of implementation of estimation approach Analogy-based estimation Formal estimation model ANGEL, Weighted Micro Function Points: WBS-based (bottom up) estimation Expert estimation Project management software, company specific activity templates Parametric models Formal estimation model

  4. Three-point estimation - Wikipedia

    en.wikipedia.org/wiki/Three-point_estimation

    To produce a project estimate the project manager: Decomposes the project into a list of estimable tasks, i.e. a work breakdown structure; Estimates the expected value E(task) and the standard deviation SD(task) of this estimate for each task time

  5. Estimation (project management) - Wikipedia

    en.wikipedia.org/.../Estimation_(project_management)

    In project management (e.g., for engineering), accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as Analogy based estimation; Compartmentalization (i.e., breakdown of tasks) Cost estimate; Delphi method; Documenting estimation results; Educated ...

  6. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    Earned Value Management is a second tool within project management that allows for the tracking of progress throughout the life cycle of a project. BOEs, when executed properly and with the aid of certain software packages, allow for a seamless transition from project proposal to execution by transferring data from the BOE directly into ...

  7. Putnam model - Wikipedia

    en.wikipedia.org/wiki/Putnam_model

    B is a scaling factor and is a function of the project size. [3] Productivity is the Process Productivity, the ability of a particular software organization to produce software of a given size at a particular defect rate. Effort is the total effort applied to the project in person-years. Time is the total schedule of the project in years.

  8. SEER-SEM - Wikipedia

    en.wikipedia.org/wiki/SEER-SEM

    D is staffing complexity - a rating of the project's inherent difficulty in terms of the rate at which staff are added to a project. E is the entropy - In days gone by entropy was fixed at 1.2. Next it evolved to 1.04 to 1.2 depending on project attributes with smaller IT oriented projects tending toward the lower.

  9. Wideband delphi - Wikipedia

    en.wikipedia.org/wiki/Wideband_delphi

    After the estimation session, the project manager summarizes the results and reviews them with the team, at which point they are ready to be used as the basis for planning the project. Choose the team. The project manager selects the estimation team and a moderator. The team should consist of 3 to 7 project team members.

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