New Product Estimation Analysis

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9 New Product Estimation Analysis Questions And Answers

1⟩ Use a search engine on "application service provider (ASP)"or other related terms to find what service(s) an ASP provide to its clients who are looking to acquire IT applications.make a note of the name of the ASP and there website address,List a minimum of six service that are provided by an ASP?

Access to price sensitive materials buying centers

Application maintenance and software upgrades

Business applications hosting

Data backup and recovery services

E-commerce management for web based sales

Electronic workflow analysis

Inventory control

Online help desk services

Online training materials and access to hardware and software expertise

Real time chat services with experts

Secure electronic transactions

Secure application servers within a virtual private network

Service level standards

Statistical reports

User identity control

Web site hosting with email, storage, and routing services

These are list of services that are provided by the ASP. For more info and insights, you may see the company below which recently acquires the successful goal to deliver awesome ASP services: http://www.novelaspect.com/application_hosting.php

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3⟩ Can you explain is there any limitations for holystic estimation?

Estimation is a crucial element of software project

planning. Unfortunately, there are inherent limitations in

the ability to estimate projects accurately due to the

inherent uncertainties in software projects.

In 1968, Alfred Pietrasanta of IBM System Research

Institute wrote, "Anyone who expects a quick and easy

solution to the multifaceted problem of resource estimation

is going to be disappointed." Thirty years later, Lionel

Briand and his colleagues observed that "Despite the large

number of cost factors collected and the rigorous data

collection, a lot of uncertainty in the estimates can be

observed" (Briand et al., "An Assessment and Comparison of

Common Software Cost Estimation Methods," Proc. Int'l Conf.

Software Eng., [ICSE], IEEE 1999, pp. 313322). It's now

2006, and we still have problems with estimation.

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5⟩ How to review the estimation, what are the check points?

We have 10 check points to review the Estimations.

1. Define Scope & Purpose

2. Identify Technical Baseline and GR&A

3. Collect Data

4. Software Sizing (new and reused)

5. Prepare Baseline Estimate

6. Identify Risk items

7. Estimate Validation and Review

8. Build a Project Plan

9. Document Estimate

10. Track Project

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7⟩ What are the common estimation techniques followed?

Common estimation techniques in software engineering

include:

1. Parametric Estimating

2. Wideband Delphi

3. Cocomo

4. SLIM

5. SEER-SEM Parametric Estimation of Effort, Schedule,

Cost, Risk (based on Brooks Law)

6. Function Point Analysis

7. Proxy Based Estimation (PROBE) (from the Personal

Software Process)

8. The Planning Game (from Extreme Programming)

9. Program Evaluation and Review Technique (PERT)

10.Analysis Effort method

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9⟩ What are the tools available for estimation evaluation?

Here with i ahve given some of estimation tools ...

1. Tool name : QUEST

It is Excel based estimation tool. Supports COCOMO II

estimating factors, Function Point estimating, and

statistical estimating methods

2. Toll Name : Goldenseal

Small business software to cost estimation and project

management

3 Function Point Modeler

Estimation tool based on Function Point Analysis,

UseCaseModel, Business Object Model and Data Model.

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