Parametric cost estimating, when properly used, is a very powerful and cost effective technique. Unfortunately, this technique is often misunderstood and rejected by many potential users for whom it could be a beneficial tool. The development of an agreement on how to use it and how to recognise its limitations is a major benefit to the cost estimating community.
From Product Description to Cost: A Practical Approach
- presents different ways of parametrically forecasting costs, and the advantages and disadvantages of these methods by using real examples...
Parametric cost estimating, when properly used, is a very powerful and cost effective technique. Unfortunately, this technique is often misundersto...