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[Ebook] Cost estimation techniques for web projects
A cornerstone of Web project management is sound effort estimation, which is the
process by which a person, group of people, tool, model, or a combination of these
predicts the amount of effort needed to accomplish a given task. The importance of
having realistic effort estimates at an early stage in a project’s life cycle is widely
recognised by Web project managers and developers since accurate estimates are
paramount to manage resources effectively, and to considerably increase the probability
that projects will be finished on time and within budget.
However, recent findings showed that numerous Web projects worldwide are still
not finished within time and budget, and one of the main reasons for that is the
use of poor project management practices, which includes poor effort estimation
(Ginige, 2002).
Given that the field of Web effort estimation is relatively new, with its first paper
published only in 2000 (Mendes, Counsell, & Mosley, 2000), it would not be surprising
that research findings in this field may not have reached industry widely.
Effort estimation, also known as cost estimation, is a necessary part of an effective
process, whether this process is Web authoring, design, testing, or development
as a whole. An effort estimation process involves the following steps (Fenton &
Pfleeger, 1987).
1. The identification of factors perceived to influence effort (e.g., size measures,
cost drivers) and the type of relationship they have with effort
2. The gathering of past project data using as basis the factors identified in Step
1. If gathering a Web company’s own data is not possible, this phase can in
volve the use of large cross-company data sets with data on numerous diverse
projects.
3. The use of one or several effort estimation techniques to be applied to estimate
effort for new projects. The effort estimates generated by these techniques can
also be adjusted using expert opinion.
4. The assessment of how effective the prediction technique is
It is important that all these steps are followed; otherwise, the effort estimates obtained
may not be as useful as they should.
Another important point is that effort prediction is generally based on the following.
• Knowledge of previous similar projects and applications managed by an organisation.
This means that data from past projects may be essential in helping
organisations estimate effort for new projects.
• Other project and application characteristics that are believed to be related to
effort. Examples of project characteristics are the size of the development team,
its experience with working on similar projects, and the number of different
programming languages being used in a project. An example of an application
characteristic is the size of the problem to be developed, which may encompass
different attributes such as the total number of new Web pages, total number
of images, number of features that were reused, and so forth.
The objective of this book is therefore to provide Web companies, researchers,
and students with the necessary knowledge on Web effort and cost estimation. It
includes step-by-step guidelines on how to use and compare several effort estimation
techniques, which may considerably help companies improve their current effort
estimation practices, and help researchers and students understand the process that
needs to be carried out to estimate development effort.
The effort estimation techniques that are detailed in this book are those that have
been to date the three mostly used effort estimation techniques in the Web effort
estimation literature, namely, stepwise regression, case-based reasoning, and classification
and regression trees (CART).
Throughout this book, we take the view that the use of past data on finished Web
projects can be extremely useful and necessary to help obtain accurate effort estimates
for new Web projects and also to help Web companies understand how they
currently estimate effort for their new projects.
All chapters are self-contained, and whenever applicable, the chapters present a literature
review of previous studies on the topic being explained in order to ensure that
readers are familiarised with what has been previously published in the literature.
We also present detailed chapters on principles of statistics and empirical studies to
provide readers with additional knowledge not only useful for Web effort and cost
estimation, but also useful within the context of Web engineering.
It is important to note that despite Web effort estimation being one of the main components
of project management, there are at least two other components also related
to effort estimation that can indirectly benefit from the use of more sound estimating
processes. These two other components are project productivity and development
processes. Once a Web company identifies important factors that have a bearing
on effort and gathers data on past projects, it is also possible to identify current
productivity trends between projects and also between developers, and to assess if
differences in development processes have any effect on the effort estimates proposed
and learn how to improve processes. Therefore, a change to a more systematic way
of estimating effort can also drive a company to improve its productivity and current
development processes, which is always a positive outcome.
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Thx for posting
I have gone through the book. It's really a beautiful one.
Thanks for sharing this book.
very useful
good book
thanks for sharing
Extremely useful book. Thanks for posting it.
Thanks.
thank you