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Early IT Estimating: Portfolio Through Design

Overview
(1/2 - 1 Day)

This module is an overview of the estimating methods that improve early estimate certainty in Information Technology projects: High-Low Consensus, Statistical Methods, the COCOMO II model, and different Object Point (scope measurement) Estimating approaches.  It also stresses the communication and documentation of estimate assumptions.

Learning Objectives

  • Identify the most useful early project estimating methods, and the appropriate timing for each.

  • Describe and use multiple early project estimating methods, identifying the strengths and prerequisites for each.

  • Apply Object Point estimating methods to size early project scope, and Application Point methods for post-Requirements measures.

  • Explain the use of parametric estimating methods such as COCOMO II and the type of information needed to use them.

  • Explain statistical estimating methods, and the information needed to apply them effectively.

  • Discuss why early estimating depends on automated support; identify the additional prerequisites to good estimates.

Audience

Those who are (or should be) involved in early project estimates:

  • Sponsors

  • Resource Managers

  • Project Office Staff

  • Project Managers

  • Customers

  • Team Leaders

  • Key Team Members

Note: This module is an extract and overview of the topics covered in more depth, with increased “hands-on” application, in our 2-day or 3-day Software Cost Estimating workshop.

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