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How to Estimate Software Projects

TruePlanning uses parametric modeling to overcome the challenges associated with estimating software projects. TruePlanning combines industry and in-house historical data to enable users to reduce time spent and improve the accuracy of software estimates.

Software estimates are generated through calculations of size, complexity, operating environment, development process and organizational productivity.

The most difficult challenge in estimating software costs, schedule, and effort comes from the ability to estimate software size.

Software sizing estimation methods with TruePlanning::

  • Estimating from Use Cases
  • Estimating with Function points
  • Estimating with Predictive object points
  • Estimating for Functional size
  • Estimating from Source Lines of Code (SLOC)
  • Estimating with Fast function points
  • Estimating from Analogies

TruePlanning also factors:

  • Over 50 different programming languages
  • Developmental processes: waterfall, spiral, incremental

By defining software projects through measures of size and complexity, you can identify key cost drivers and perform trade off analysis throughout the software development process.

You can view estimated costs by resource utilization in order to determine if you can reduce costs by outsourcing certain development areas.

Estimate labor hours by phase: Requirements, Design, Code, and Test.

Determine the impact scheduling adjustments will have on the amount of work required for your project.

TruePlanning integrates seamlessly with Microsoft Project and can create a schedule by importing from or exporting data to Microsoft Project files.


PRICE Systems, L.L.C.

17000 Commerce Parkway, Suite A
Mount Laurel, NJ 08054
T: 1.800.43.PRICE
T: 1.856.608.7200
F: 1.856.608.7247

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