It would be useful to explain the processes that are necessary for project management by providing an example, but is this even possible? How exactly is it feasible for a system to be a scientific success while at the same time being a financial disaster for the organisation? Specifically.

It would be useful to explain the processes that are necessary for project management by providing an example, but is this even possible? How exactly is it feasible for a system to be a scientific success while at the same time being a financial disaster for the organisation? Specifically.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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Software cost estimation

In software engineering, cost estimation defines the calculation of the amount spent on software development and testing. This includes maintenance, managing, buying equipment, user requirement reviews, software, training, and servers. Many methods are developed to estimate the software project cost. Software cost estimation has a major impact on planning and managing a project. The software cost estimation has three estimates like project duration(time), effort(person-month), and cost(dollars).

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