Title
Effort estimates through project complexity
Abstract
This paper reports the results obtained from use of project complexity parameters in modeling effort estimates. It highlights the attention that complexity has recently received in the project management area. After considering that traditional knowledge has consistently proved to be prone to failure when put into practice on actual projects, the paper endorses the belief that there is a need for more open-minded and novel approaches to project management. With a view to providing some insight into the opportunities that integrate complexity concepts into model building offers, we extend the work previously undertaken on the complexity dimension in project management. We do so analyzing the results obtained with classical linear models and artificial neural networks when complexity is considered as another managerial parameter. For that purpose, we have used the International Software Benchmarking Standards Group data set. The results obtained proved the benefits of integrating the complexity of the projects at hand into the models. They also addressed the need of a complex system, such as artificial neural networks, to capture the fine nuances of the complex systems to be modeled, the projects.
Year
DOI
Venue
2011
10.1007/s10479-010-0776-0
Annals OR
Keywords
DocType
Volume
artificial neural network,complex system,linear model,traditional knowledge,data mining,project management,model building
Journal
186
Issue
ISSN
Citations 
1
1572-9338
3
PageRank 
References 
Authors
0.39
17
4