Software Estimation- An Introdution

In many cases a successful project is one that meets a time and cost target that has been estimated by someone somewhere. The quality of this estimate will set the underlying probability of successfully completing the project. This presentation will discuss the basic factors that effect software estimation, and aims to show the benefits of formalising the estimation process to increase the understanding of key decisions that form the basis of an estimate. It will introduce the critical factors that ensure that we base our projects on information and assumptions that are clearly defined; easily understood and credible. It will also introduce the basic laws that govern software development, and the effect on project schedule.