An Investigation of Estimation Techniques for Information Technology Projects

Abstract

One of the key activities for a project manager at the commencement of a new project is to develop an accurate realistic schedule. The development of an accurate schedule sets the project up for success and understanding what estimation techniques work, and more importantly the ones that don't work is key to setting the project up for success. This research reviews eight estimation techniques and provides a statistical insight into which of these techniques is perceived to work by project management practitioners.