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Basis of Estimating Software Development

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The estimating of software development is both straightforward and complex. When it is suggested that estimating is hard, of no value, and unnecessary, always ask what principle is used to support that claim? Software Sizing and Estimating: Mk II FPA , Charles Symons, John Wiley & Sons, 1991. Don't hear one?

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Reading List for the Cone of Uncertainty

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The primary purpose of software estimation is not to predict a project’s outcome; it is to determine whether a project’s targets are realistic enough to allow the project to be controlled to meet them ? 10 Deadly Sins of Software Estimation , Steve McConnell , Construx, 2002. Steve McConnell.

2012 48
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Microeconomics and Risk Management in Decision Making for Software Development

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If we look at the discipline of software engineering, we see that the microeconomics branch of economics deals more with the types of decisions we need to make as software engineers or managers. Software engineering economics." IEEE Transactions of Software Engineering, 1 (1984): 4-21.

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Cone of Uncertainty - Revisited

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“The Cone of Uncertainty,” Stephen Gryphon, Phillippe Kruchten, and Steve McConnell, Letters, IEEE Software , 23 (5) 2006, pp 8?10. Shrinking the Cone of Uncertainty with Continuous Assessment for Software Team Dynamics in Design and Development,” Pongtip Aroonvatanaporn,”Ph.D. 37–48, 2007.

2012 29
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Misunderstanding Making Decisions in the Presence of Uncertainty

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What happens if you shift focus from "accurate estimation" to "reliably shipping by a date"? . If your project has no uncertainty, there is no need to estimate. All estimates have precision and accuracy. Deciding how much precision and accuracy is needed for a credible estimate is critical to the success of that decision.

2003 46
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Resources for Cone of Uncertainty

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Some feel that the cone does not provide any value for the work they do and does not match the reducing uncertainty in their estimates. First, the Cone of Uncertainty is a Principle used to define the needed reduction in the variances of estimates on Programs. Remember Risk Management is How Adults Manage Projects - Tim Lister.

2007 34
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Cone of Uncertainty - Part Cinq

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Barry Boehm's work in “Software Engineering Economics”. The Cone is a project management framework describing the uncertainty aspects of estimates (cost and schedule) and other project attributes (cost, schedule, and technical performance parameters). The BLUE bars are the probabilistic ranges of the current estimate date.