|
This is the method we have used for over 25 years. With appropriate monitoring, you factor in expertise and it can be quite accurate. Once refined, we could then provide our customers fixed price projects and our employees fixed pay per deliverable. The benefit to the employee was never having to ask for a raise as their skill level increased. They would come closer to the senior level estimated time. BTW, a college/tech school grad after one year of OJT took 3 times the estimated number of hours. The historical actual vs estimated time ratio also set hourly rates for "best effort" projects. Appropriately used, the formula also covers design time and documentation. Having said all of that, it does NOT work in an experimental phase of development or in chasing a rapidly changing OS or language. I would feel very comfortable using this in a OPM RPG model but not in JAVA as it is rapidly changing. For that, best guess based upon experience and knowing the team players, along with lieing through your teeth about the actual time is par for course. HwaRangRon@aol.com wrote: > > > I thought they used something called "Function point analysis". This >technique "weighs" programs based upon complexity, number of files, number of >functions provided by the program, etc. and comes up with a number that can be >used to determine how long it should take to do any work. > +--- | This is the Midrange System Mailing List! | To submit a new message, send your mail to MIDRANGE-L@midrange.com. | To subscribe to this list send email to MIDRANGE-L-SUB@midrange.com. | To unsubscribe from this list send email to MIDRANGE-L-UNSUB@midrange.com. | Questions should be directed to the list owner/operator: david@midrange.com +---
As an Amazon Associate we earn from qualifying purchases.
This mailing list archive is Copyright 1997-2025 by midrange.com and David Gibbs as a compilation work. Use of the archive is restricted to research of a business or technical nature. Any other uses are prohibited. Full details are available on our policy page. If you have questions about this, please contact [javascript protected email address].
Operating expenses for this site are earned using the Amazon Associate program and Google Adsense.