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IFPUG MetricViews magazine: Use Relevant Industry Data as a Valuable Outside View for Your Analysis

In the latest issue of the IFPUG MetricViews magazine, ISBSG president Harold van Heeringen explains how the use of ISBSG data together with IFPUG (or Nesma, COSMIC or FiSMA) function points can be really helpful to assess the reality value of estimates delivered by experts. As organizations are always struggling to collect actual data of completed projects, the ISBSG data can be used as a valuable outside view!

Check out the article on page 22 of the MetricViews magazine: http://www.ifpug.org/the-august-2016-edition-of-metricviews-is-now-available-on-line/

ISBSG voted in top 25 of most promising project management solution providers

The magazine APAC CIO Outlook has published the new list with the top 25 most promising project management solution providers. ISBSG is listed as one of these 25, as the magazine feels that ISBSG data can help many organizations in improving estimation and performance measurement processes. The publicly available data can really help organizations to make better informed decisions, reducing the risks that are usually implied in low maturity (‘expert’) project estimates and therefore saving huge amounts of money by avoiding the waste connected to failing projects. Find the digital version of this magazine here: http://bit.ly/2auH6zN

 

Software Cost Engineering is becoming an acknowledged profession!

Software Cost Engineering is a profession! However, in many organizations even large projects are estimated by just asking the engineers, architects, testers, project managers and other experts to come up with the estimate, based on their experience. In the Software Cost Engineering community, this is often referred to as ‘Estimation maturity level 0’. Although these expert estimates are sometimes quite accurate, they are also subjective, not repeatable, not backed up by data, not verifiable and therefore not defensible. The problem is that humans (experts) systematically underestimate software projects and that starting software projects with unrealistically optimistic expectations usually results in huge overruns in the end. When the customer asks on what ground the estimate is based, you really don’t wish to answer: “our engineers just think so”. The International Cost Estimation and Analysis Association (ICEAA), the International Function Point User Group (IFPUG) and the Dutch Nesma (formerly known as Netherlands Software Metrics Association) are forming a consortium to develop a Software Cost Engineering Body of Knowledge (SCEBoK) and a certification program for Certified Software Cost Engineer. Although this initiative just started, already a lot of enthusiastic reactions were received from the industry and many well-known software metrics gurus offered their support. The SCEBoK and associated certification have a huge potential in an industry that is struggling to come up with accurate software project estimations, for sure resulting in more successful projects and less waste.

ISBSG supports this initiative and I am positive that the data ISBSG provides will help a lot of software cost engineers to create accurate estimates based on actual capabilities.