5 Cost Estimation

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1 SOFTWARE PROJECT MANAGEMENT Course Notes Chapter 3 Programme Management& Project Evaluation

Cost Estimation : 

Cost Estimation project scope must be explicitly defined task and/or functional decomposition is necessary historical measures (metrics) are very helpful at least two different techniques should be used remember that uncertainty is inherent 2

Resources : 

Resources 3

Estimation Techniques : 

Estimation Techniques ... risk is inherent in estimation ... Our job is to minimize risk through cross-checks and a systematic approach ... Conventional Methods Empirical models 4

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