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by fullwedgewhale
3987 days ago
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So having done cost estimation before, this is horrible. About all it would be good for is the initial swag at brochure ware. Generally speaking cost estimates should never be a fixed point and should be done in a range, with assumptions (that when violated) would allow the cost numbers to change. In addition, there's no measurement of complexity through requirements. Basically all these estimators are useful for only the simplest software projects with extremely limited requirements and scope. The cost of the software is a function of the known requirements which are carefully enumerated during costing to generate some sort of complexity model. (For example, function point analysis). That's fed into a cost model that translates that complexity model into a dollar range. That interval is then used to generate a final, contractual, number. But notice all the work that went into that estimate. What's more is that the estimate is refined during the work such that new data is incorporated into the complexity model, allowing changes in scope or requirements to be re-priced. |
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