Title
Is This Cost Estimate Reliable? -- The Relationship between Homogeneity of Analogues and Estimation Reliability
Abstract
Analogy-based cost estimation provides a useful and intuitive means to support decision making in software project management. It derives a cost estimate required for completing a project from information about similar past projects, namely the analogues. While on average this method provides a relatively accurate cost estimate there remains a possibility of large estimation errors. In this paper, we empirically tested the hypothesis that "using more homogeneous analogues produces a more reliable cost estimate" using a software engineering data repository established by the Software Engineering Center (SEC), Information-technology Promotion Agency, Japan. This testing showed that low and high homogeneity projects had a large variation in estimation reliability. For instance, the difference was 22.9% (p = 0.021) in terms of percentage to get accurate estimates (better than Median of Magnitude of Relative Error).
Year
DOI
Venue
2007
10.1109/ESEM.2007.61
ESEM
Keywords
Field
DocType
estimation reliability,large estimation error,high homogeneity project,accurate estimate,accurate cost,cost estimate reliable,similar past project,software engineering data,large variation,reliable cost estimate,analogy-based cost estimation,software engineering,information technology,costing,software project management,project management,software reliability,cost estimation,relative error
Data mining,Homogeneity (statistics),Systems engineering,Computer science,Cost estimate,Software project management,Information repository,Software quality,Activity-based costing,Reliability engineering,Approximation error,Project management
Conference
ISSN
ISBN
Citations 
1949-3770
0-7695-2886-4
5
PageRank 
References 
Authors
0.42
29
7
Name
Order
Citations
PageRank
Naoki Ohsugi1825.12
Akito Monden259155.03
N. Kikuchi3796.84
Michael D. Barker450.42
Masateru Tsunoda56916.35
Takeshi Kakimoto6725.17
Ken-ichi Matsumoto71396131.56