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Software Effort Estimation and Risk Management

  • Conference paper
Product-Focused Software Process Improvement (PROFES 2013)

Part of the book series: Lecture Notes in Computer Science ((LNPSE,volume 7983))

  • 2133 Accesses

Abstract

Every software business has to be able to budget and plan its software development projects realistically. Since software projects are usually fraught with uncertainty, they inherently involve planning risks right from the start. Consequently, it is important to manage cost-related risks in order to monitor them and implement adequate contingency plans when a crisis occurs. Since not all projects are equal, it is important to identify the specific factors (cost drivers) that have a positive or negative influence on productivity. Thus, the use of appropriate cost estimation approaches does not only contribute to accurate project planning and successful risk management, but also to improved software processes and overall organization maturity.

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References

  1. Trendowicz, A., Heidrich, J., Münch, J., Ishigai, Y., Yokoyama, K., Kikuchi, N.: Development of a Hybrid Cost Estimation Model in an Iterative Manner. In: Proceedings of the 28th International Conference on Software Engineering, Shanghai, China, pp. 331–340 (2006)

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  2. Trendowicz, A.: Software Cost Estimation, Benchmarking, and Risk Assessment: The Software Decision-Makers’ Guide to Predictable Software Development. The Fraunhofer IESE Series on Software and Systems Engineering. Springer, Heidelberg (2013)

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Author information

Authors and Affiliations

  1. Fraunhofer Institute for Experimental Software Engineering (IESE), Kaiserslautern, Germany

    Jens Heidrich

Authors
  1. Jens Heidrich
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Editor information

Editors and Affiliations

  1. Fraunhofer IESE, Fraunhofer Platz 1, 67663, Kaiserslautern, Germany

    Jens Heidrich  & Andreas Jedlitschka  & 

  2. University of Oulu, P.O. Box 3000, 90014, Oulu, Finland

    Markku Oivo

  3. University of Bari, Via E. Orabona 4, 70125, Bari, Italy

    Maria Teresa Baldassarre

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© 2013 Springer-Verlag Berlin Heidelberg

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Heidrich, J. (2013). Software Effort Estimation and Risk Management. In: Heidrich, J., Oivo, M., Jedlitschka, A., Baldassarre, M.T. (eds) Product-Focused Software Process Improvement. PROFES 2013. Lecture Notes in Computer Science, vol 7983. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-39259-7_37

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  • DOI: https://doi.org/10.1007/978-3-642-39259-7_37

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-39258-0

  • Online ISBN: 978-3-642-39259-7

  • eBook Packages: Computer ScienceComputer Science (R0)

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