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’ and why it is important to project managers. And many project managers still think it is something that only applies to softwaredevelopment. Iterative and incremental softwaredevelopment methods go back as early as 1957 – and maybe earlier. So, it doesn’t apply to them. They are wrong.
Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project'scost and/or duration are calculated by adding the cost/duration of all its constituent activities. Most, however, track the project'scosts and deadlines.
It is allocated funds to the budget for the project. But in the softwaredevelopment world, the domains of IT, there are two other colors of money. There are two types of software that are developed for a business: 1) internal-use software, and 2) softwaredeveloped to be sold, leased or marketed (“software to be sold”).
Effort Distribution to Estimate Cost in Small to Medium SoftwareDevelopmentProject with Use Case Points,” Putu Linda Primandari and Sholiq, The Third Information Systems International Conference, Procedia Computer Science, 72, pp. 229 “How Should We Estimate Agile SoftwareDevelopmentProjects and What Data Do We Need?”
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