Estimation of Project Development Time
Those projects that are developed on time have these characteristics in common.
1. a carefully formulated estimation of time requirements.
2. a means for management to monitor progress.
3. a means for comparing actual against planned performance.
4. sufficient information to deal with problems when they arise.
Estimating Time Requirements:
- Estimates are approximation of the Hours, Days, or Months of effort needed to
produce the desired system.
- Accuracy of approximation is dependent on the Skills, Knowledge, and Experience of the Estimator (Project Manager).
- In many cases determined by Factors Such as
* Analyst’s and Programmer’s Abilities.
* Systems Complexities.
* Interruption not related to project.
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