Development of an effort estimation model – a case study on delivery projects at a leading IT provider within the electric utility industry Online publication date: Mon, 30-Nov-2009
by Teodor Sommestad, Joakim Lillieskold
International Journal of Services Technology and Management (IJSTM), Vol. 13, No. 1/2, 2010
Abstract: 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 describes 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.
Online publication date: Mon, 30-Nov-2009
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Services Technology and Management (IJSTM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org