1. Suppose you were asked to prepare a cost estimate for a project to develop a software...
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Question:
1. Suppose you were asked to prepare a cost estimate for a project to develop a software package for CWU's intranet. How would you start? Give examples of the various types of costs. How long would it take you to prepare a good estimate? What approach would you use to develop a cost estimate?
2. What are the major issues with a cost estimation of software projects given the fact that less than 9% of IT projects are completed on schedule and budget, and over half of the software projects will cost almost 200% of their original budget?
3. What can organizations do to ensure that estimates are good and realistic? What can they do to prevent cost overruns?
Related Book For
Systems Analysis and Design
ISBN: 978-1305494602
11th Edition
Authors: Scott Tilley, Harry J. Rosenblatt
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