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

Allocation key
Calculation
Calculation of cost prices
Calculation of planned costs
Calculation of production costs
Cost estimates
Costing for single and serial producers
Costing templates and overhead rates
Dissambly calculation
Distribution values
Effort estimation
Imputed costs
Multi-level overhead costing
Net-gross calculation
PLU calculation
Pre- and post-calculation
Preferential calculation
Product costing
Quotation prices
Repair, cost estimate
Sausage costing
Single-level overhead costing
Spreadsheet
Top-down or bottom-up procedure
Travel cost calculation
Working time calculation

Software solutions with function or module Effort estimation:

Service Portal ERP
Service Portal ERP
 
 
 
 
 
 
Organization and management of service requests
Customer Relationship Management
details
prima
prima
 
 
 
 
 
 
The solution for project-oriented service companies
Project Management
details
OCT planning
OCT planning
 
 
 
 
 
 
Unlimited possibilities for corporate planning at operational level
Liquidity Planning
details
FACTON EPC
FACTON EPC
 
 
 
 
 
 
Software solution for company-wide standardized product cost calculation
Calculation
details
myPARM - Multi-project management software
myPARM - Multi-project management software
 
 
 
 
 
 
Multi-project management and PPM software
Multi-Project Management
details
Voracity
Voracity
 
 
 
 
 
 
The most powerful platform for end-to-end data management
Big Data
details
SIDOUN Globe
SIDOUN Globe
 
 
 
 
 
 
AVA software with cost management and full MS Excel and Word integration
BIM
details
EcholoN Service Management Suite
EcholoN Service Management Suite
 
 
 
 
 
 
EcholoN - holistic service management
IT Service Management (ITSM), SOA
details
elKomBI
elKomBI
 
 
 
 
 
 
Controlling software for analysis, planning and reporting with IBM Planning Analytics TM1
Business Intelligence (BI)
details
GEBRA-Suite
GEBRA-Suite
 
 
 
 
 
 
Customized business applications with flexible modules
Enterprise Resource Planning
details
Show all 13 programs with Effort estimation