Objective
The growing competition in the software business constantly increases the pressure on companies' potential profit margins, intensified even by low price offers from Eastern European countries. Therefore a reliable effort and cost estimation becomes a major concern for many software vendors.
As a significant amount of Philotech's offers were rejected, because effort and cost were estimated to high and up to 25% of the projects ended without a profit or even with a loss, Philotech identified the effort and cost estimation and control as the part of the development process to be improved. To gain the capability to estimate the effort and cost of all projects within a sufficiently narrow confidence interval is the objective of this experiment.
THE EXPERIMENT
After evaluating the available cost estimation methods and tools, data of suitable former projects accomplished by Philotech will be inserted into a project database and used to calibrate the parameters of the selected cost estimation model and tool.
Finally, the Baseline Project, which is typical for Philotech's area of software development, serves to validate the calibrated model(s) and tool(s). The estimated effort and cost figures, provided by the calibrated model/tool will be compared to the real effort and cost of the Baseline Project.
EXPECTED IMPACT AND EXPERIENCE
The experience gained during the PIE should give Philotech the capability to estimate the effort of all projects within a margin of 10 to 15% and to perform all projects within budget. Philotech plans to form a team of experts to support and train the staff of the company in estimating effort and cost for software projects. Additionally, this training will also provide them with the knowledge to early identify cost drivers in a project and to take timely measures to decrease the cost drivers' negative impact.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences databases
- natural sciences computer and information sciences software software development
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
81549 München
Germany
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.