Development of an effort estimation model: a case study on delivery projects at a leading IT provider within the electric utility industry
2010 (English)In: International Journal of Services Technology and Management, ISSN 1460-6720, Vol. 13, no 1-2, 152-169 p.Article in journal (Refereed) Published
When projects are sold with fixed prices, it is utterly important to quickly and accurately estimate the effort required to enable an optimal bidding. This paper desccribes a study performed at a leading IT provider within the electric utility industry, with the purpose of improving the ability to early produce effort estimates of projects where standard functionality is delivered. In absence reliable historic data, an estimation model suitable for incorporating expert estimates was developed. The model is based on decomposition of projects and bottom-up estimation of them, where impact of relevant variables is estimated by assessing discrete scenarios. In addition to a estimating the expected effort of a project the uncertainty of provided estimates are visualised. Together with the transparency of the model this makes it possible to analyse and refine the estimates as more details of a project are known.
Place, publisher, year, edition, pages
2010. Vol. 13, no 1-2, 152-169 p.
Bidding, Delivery projects, Effort estimation, Estimation model, Project cost, Technology management
Electrical Engineering, Electronic Engineering, Information Engineering
IdentifiersURN: urn:nbn:se:kth:diva-80777DOI: 10.1504/IJSTM.2010.029675ScopusID: 2-s2.0-72049113578OAI: oai:DiVA.org:kth-80777DiVA: diva2:496711
QC 201202132012-02-102012-02-102012-02-13Bibliographically approved