SoftGuide > Functions / Modules Designation > Effort estimation

Effort estimation

What is meant by Effort estimation?

The term "effort estimation" refers to the approximate determination of the necessary resource input for carrying out a project or task. It includes the forecast of time, personnel, and financial expenditure and serves as a basis for project planning, budgeting, and decision-making.

Typical software functions in the area of "effort estimation":

  1. Project structuring: Breaking down the project into work packages and subtasks.
  2. Resource allocation: Assigning personnel, time, and costs to individual tasks.
  3. Estimation method integration: Implementation of various estimation techniques such as expert estimation or algorithmic methods.
  4. Scenario analysis: Creation of best-case, worst-case, and most-likely scenarios.
  5. Comparative analysis: Comparison of estimates with historical data from similar projects.
  6. Risk assessment: Identification and quantification of factors that may influence the estimated effort.

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The function / module Effort estimation belongs to:

Calculation

Software solutions with function or module Effort estimation:

SIDOUN Globe
 
 
 
 
 
 
AVA software with cost management and full MS Excel and Word integration
fi-square
fi-square
 
 
 
 
 
 
The complete solution for manufacturing companies
GEBRA-Suite
GEBRA-Suite
 
 
 
 
 
 
Customized business applications with flexible modules
OCT planning
OCT planning
 
 
 
 
 
 
Unlimited possibilities for corporate planning at operational level
Service Portal ERP
 
 
 
 
 
 
Organization and management of service requests
EcholoN Service Management Suite
EcholoN - holistic service management
Voracity
Voracity
 
 
 
 
 
 
The most powerful platform for end-to-end data management
HEINZELMANN Service.Desk
Helpdesk-Software / IT-Service-Management-Software
myPARM - Multi-project management software
Multi-project management and PPM software
elKomBI
elKomBI
 
 
 
 
 
 
Controlling software for analysis, planning and reporting with IBM Planning Analytics TM1
Show all 14 programs with Effort estimation