Project Estimation Tool
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The document introduces a project estimation tool developed by Faichi Solutions aimed at improving the accuracy and efficiency of estimating software development projects, addressing the high failure and cost overruns in the industry. Key features include automated sprint planning, leveraging past project data, and detailed task breakdowns to reduce errors in estimation. The tool is designed to streamline the estimation process as well as assist with project planning, enabling better future estimations based on learned experiences.
Project Estimation Tool
- 1. Project Estimation Tool © 2016 Faichi Solutions
- 2. 2© 2016 Faichi Solutions Introduction • The concept for building Project Estimation Tool has the objective of expediting the overall process of estimating the software development projects. • Estimation of software projects has been a pain point for the industry over the years. According to a report by Gartner, failure rate among software development projects is close to 30% and according to a report by McKinsey in 2012, around 66% of the software development projects go by cost overrun and around 44% of the projects go by the time overrun. • We at Faichi are creating a tool that not only expedites the entire estimation process but also assists you in the planning phase.
- 3. 3© 2016 Faichi Solutions Challenges Following are some of the commonly faced issues while estimating projects. • Estimating similar projects is redundant and time consuming. There is a need to learn from our past project estimation experiences quantitatively rather than just qualitatively. • Manually creating the sprint plans for the project once the high level estimation is done, is a complex and time taking process. • Taking care of the complexity levels of the tasks listed in the estimation sheet and the manual logic calculations make this process error prone.
- 4. 4© 2016 Faichi Solutions Solution • Our tool expedites the estimation process and also automates sprint planning. • The knowledge, expertise, and experience gained by working on diverse projects has have been leveraged to build this tool. • In Drupal, project can be split into Drupal elements such as content types, views, taxonomy requirements, menus, blocks, panels, services, SOLR etc. • Extensive experience with these elements, equips us with ample proficiency in estimating projects. • So, over a period of time, this tool enables you to learn from past estimates and improve estimations in near future. • Essentially, we are reducing guesstimation based on past experience and execution.
- 5. 5© 2016 Faichi Solutions Screens - Dashboard List of projects that have been estimated in the past Project templates Entry point for estimating a new project
- 6. 6© 2016 Faichi Solutions Screens – Add New Task Adding details of the task and number of hours for each phase such as Analysis & Design, Development, Project Management, Deployment etc.
- 7. 7© 2016 Faichi Solutions Screens – Estimate Breakup List of all the tasks along with effort breakup for each task
- 8. 8© 2016 Faichi Solutions Screens – Estimate Summary Phase wise effort breakup of all the tasks
- 9. 9© 2016 Faichi Solutions Screens – Work Items List of all the tasks along with total effort estimate for each
- 10. 10© 2016 Faichi Solutions Screens – Project Summary Optimistic, Pessimistic and Most Likely Estimates along with Breakdown by Group and Role
- 11. 11© 2016 Faichi Solutions Screens – Generate Sprint – Manage Resources Manage resources that would be working for this project. Automated Sprint Plans will be generated based on this.
- 12. 12© 2016 Faichi Solutions Screens – Generate Sprint Default Automated Sprint Plan is generated by systemLow & High Estimate Sprint Plans are also available User can do changes in the Sprint Plan & save the same Sprint Plan can be exported in PDF to be sent to the client
- 13. 13 CONNECT WITH US, ASK FOR A DEMO ! Faichi Solutions, LLC 640 W. California Ave Suite 210 Sunnyvale, CA 94086 Phone: +1 (408) 769-4941 Email: [email protected]