Title :
Development of a parmetric estimating model for technology driven deployment projects [parmetric read as parametric]
Author :
Watson, Rudy J. ; Kwak, Young Hoon
Author_Institution :
Sch. of Bus., George Washington Univ., DC, USA
Abstract :
The purpose of this paper is to define the process used to develop a parametric estimating model and to explain the use of the model as it allows a nonsubject matter expert to predict the cost of deployment of a technology-driven project with improved accuracy. The overall objective is to define criteria for organizations to use as a rule of thumb estimating model for determining potential resource requirements during the pre-concept and concept phase of a technology-driven project. The use of the model determines the complexity level of a project and then using a matrix simulating the task complexity knowledge of a deployment subject matter expert, the organization deployment resource required is estimated based upon responses to certain inquiries. The user of the model has the capability to modify the output to derive their specific deployment estimates.
Keywords :
modelling; parameter estimation; project management; deployment cost; deployment subject matter expert; nonsubject matter expert; organization deployment resource; parametric estimating model; potential resource requirements; project complexity level; task complexity knowledge; technology driven deployment projects; technology-driven project; Contracts; Cost benefit analysis; Cost function; Grounding; Personnel; Portfolios; Predictive models; Project management; Scheduling; Technology management;
Conference_Titel :
Simulation Conference, 2004. Proceedings of the 2004 Winter
Print_ISBN :
0-7803-8786-4
DOI :
10.1109/WSC.2004.1371462