Quantitative Model For Successful Completion Of A Software Project – A Basic Approach

In the present Information Technology (IT) industry, a number of both In-house and Offshore Software Projects have a tendency to get scrapped before its completion. Failure Analysis refers to various Management Indicators. A brief description of developing a Model and performing quantitative analysis for successful completions of software projects are discussed here. When the estimated budget for the project is known, this model calculates the number of skilled Software Professionals required, so that all constraints are satisfied. Although it is a basic approach to design the model, every effort is made to consider all the possible phases in a Software Development Life Cycle, that were gained from real-time experience. Using Advanced Regression Analysis, Sampling Techniques, and Chaos Dynamics, this model can be made more reliable.

More: continued here