Software Project Estimation
The entire purpose of software development came as a competitive alternative to many hardware utilities and products. With the use of software, costs were always kept at bay as compared to hardware and that brought out a new outlook to the industrial sector. With increasing amounts of software being designed for different systems and computers, it became necessary for software development to adopt the ways of project management, which were restricted to manufacturing and production in the early days. As timelines, scopes, and costs were key components within the entire scope of developing software, soon project managers realized at how inversely proportionate these components were. If there was a tighter timeline associated, the cost of getting this done was incredibly increased and the scope was widened, and all the different permutations and combinations.
Cost, Scope, and Time became the centers of control and manipulation for project managers and they made it a best practice to indulge in software project estimation, looking through each and every aspect and having figures associated with them that should maintain a balanced output for the project. This became an effectively challenging job to do and also critical to business. Project planning and control were soon based on the estimates given and project managers were slapped with two situations:
- Underestimation of the project – in this situation, you are mostly going to under-staff your project, scope it too little around the quality aspect, and even keep a tight schedule as you don’t expect it to be a huge project.
- Overestimation of the project – in this situation, you are mostly going to over-stuff your project, scope it beyond its actual worth and quality requirements, and keep a flexible and amply large schedule.
In both these scenarios, you will be running into losses and spending more money on your projects: first, to make up for the shortage of resources and second, for absolutely nothing at all.
Software Project Estimation Training Description
Introduction – Look into what your software project needs and how estimation is the right way to go.
Basic Concepts of Software Estimation – In this section, you will understand the need for software project estimation, the people involved in this process, and the different software estimation techniques used to get software project estimation up and running.
Work Breakdown Structure (WBS) – Learn everything you need to know about WBS and learn how you can put this unique and structured tool into practice to find out the workflow that your tasks and activities are subjected to.
Program Evaluation and Review Technique (PERT) – Understand the concepts of Critical Path Method and how we can use the estimation power within numbers to determine the time needed for each task within the project and the amalgamation of these times for tasks into the time needed by your software project.
Effort, Schedule, and Cost Estimation, Project Tracking – Get to know about the different points of estimations and how you are to put to use software estimation techniques for the purpose of estimation. Learn about project tracking and how important is it when the project is on-going.
