RAJON BANERJEEKalyani, District: Nadia, West Bengal, India
Hi All,
I need to have some clear understanding on that.
What, how & why this estimation need to use.
Please, share your valuable feedback on this. If any example needed also you can share that.
Thanks,
Rajon Saving Changes...
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Luis BrancoCEO| Business Insight, Consultores de Gestão, LdªCarcavelos, Lisboa, Portugal
Dear Rajon
Interesting your question
Thanks for sharing
How can you plan and budget your projects if you don't have a time and cost estimate?
Do your clients agree to fund a project with no estimated deadline and no cost?
And the sponsor? Saving Changes...
RAJON BANERJEEKalyani, District: Nadia, West Bengal, India
Hi Luis,
May be my question is not clear. My Bad.
We have several estimation techniques in our hand, such that, 1. Bottom-Up 2.Top-Down 3.EVM 4. Analogous 5. Parametric
My question is that what is FP & how it's been used, the concept only.
Thanks, Rajon Saving Changes...
Thomas WalentaGlobal Project Economy ExpertHackenheim, Germany
Function Points is a parametric estimation tool for SW development. There are formulas you input the number of FPs and other parameters.
The larger benefit is the counting of the FPs. You can start as early as requiements to count 3 kinds of functions and 2 kinds of datasets. When you do that, you will find inconsistencies, contradictions, gaps in requirements. This provides an excellent tool for quality assurance for requirements.
Function points were introduced in the late 70's by IBM as a method of sizing software projects. They evolved and became quite popular in the 80's and 90's. Some would say they are a precursor to story points, however, unlike story points, they are not used in a relative sizing mode, rather, they are used to size work items individually without reference to one another.
Companies would have look up tables matching common types of work items to a number of function points. For example, each data interface "costs" 10 function points. Then, there would be a mapping from function points to effort or cost.
I worked with one client back in 2002 who developed FP tables for non-technology work. They had function point estimates for physical relocations including the effort of moving an employee from one role to another.
Kiron Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
Rajon, this estimation is related to software. No matter that I am using it to adjust Story Points and Use Case Point estimations that usually are used into Agile based methods. It start from the functional analysis of a product, where functions are organizational functions that will be translated to software product component while you design the solution. All you need to know is here: https://www.ifpug.org/ No matter it was created for software they can be used for non-software products. Saving Changes...
RAJON BANERJEEKalyani, District: Nadia, West Bengal, India
Hi All,
Both @Luis, @Thomas,@Kiron & @Sergio very very valuable feedback I have rceived.
