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    Dealing With Problems of Current Estimation Methods

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    Mandre Bhalchandra
    This document discusses improvements that can be made to current cost estimation methods. It outlines seven areas to address, including using local data definitions, calibration of estimates, independent estimation groups, reducing subjective inputs, preliminary estimates and re-estimation, alternative size measures, and locally developed cost models. The overall goal is to deal with problems in current estimation approaches and improve the accuracy of cost estimates.

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    Dealing With Problems of Current Estimation Methods

    Uploaded by

    Mandre Bhalchandra
    5 views1 page
    This document discusses improvements that can be made to current cost estimation methods. It outlines seven areas to address, including using local data definitions, calibration of estimates, independent estimation groups, reducing subjective inputs, preliminary estimates and re-estimation, alternative size measures, and locally developed cost models. The overall goal is to deal with problems in current estimation approaches and improve the accuracy of cost estimates.

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    Dealing with problems of current estimation methods

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    This document discusses improvements that can be made to current cost estimation methods. It outlines seven areas to address, including using local data definitions, calibration of estimates, independent estimation groups, reducing subjective inputs, preliminary estimates and re-estimation, alternative size measures, and locally developed cost models. The overall goal is to deal with problems in current estimation approaches and improve the accuracy of cost estimates.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    5 views1 page

    Dealing With Problems of Current Estimation Methods

    Uploaded by

    Mandre Bhalchandra
    This document discusses improvements that can be made to current cost estimation methods. It outlines seven areas to address, including using local data definitions, calibration of estimates, independent estimation groups, reducing subjective inputs, preliminary estimates and re-estimation, alternative size measures, and locally developed cost models. The overall goal is to deal with problems in current estimation approaches and improve the accuracy of cost estimates.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    Dealing with problems of current estimation methods:

    1.
    2.
    3.
    4.
    5.

    Local data Definition


    Calibration
    Independent estimation group
    Reduce input subjectivity
    Preliminary estimate & re-estimation
    Estimate

    Upper bound Lower bound


    6

    6. Alternative size measures for cost estimation


    7. Locally developed cost models

    ::::::END OF UNIT III:::::::

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