Software estimation is the process of predicting the most realistic amount of effort required to develop or maintain software based on incomplete, uncertain and noisy input. Building software is not the same as building a bridge or road because of the inherent variability of functional requirements before and during software development. Software cost estimation in software engineering provides a reliable predictive method to understand future development activity.
While techniques such as Agile or Scrum are designed to mitigate this variability at the team level, program or software project estimation for planning or budgeting needs remain for the enterprise. Inaccurate software program or project estimates are the cause of a lot of waste and increased project risk. Two recurring problems include:
1. The initial estimate is too high, leading to low productivity or missed opportunities.
2. The initial estimate is too low, leading to inefficient resource allocation at the end of the project, budget overruns, and late deliveries.
The estimating processes, techniques, and tools available to help solve these problems require expertise and regular use to deliver benefits. Our software development estimation services are available to quickly and easily improve your existing software project estimation techniques or practices or to implement a new estimation practice within your organization.
Usage of Software Cost Estimation is seen often in these use cases:
Software Project Estimating: The Value Proposition: Read this examination of the benefits of software project estimation, which includes a financial ROI analysis.
The Insights section of our website features additional reference materials. Visit it to find more information on this topic.
Our software development estimation services are designed as standard, packaged offerings developed from working with clients across various industries. These services are effective and proven but may not fully meet your specific needs. Therefore we offer customized services based on the fundamentals of software estimation and welcome talking with you on your particular circumstances
Please contact David Lambert at +1.719.582.2003 to discuss your software estimation options.