Software project estimation

A software estimation system comprising:

• a processor;
• a memory communicatively coupled to the processor, wherein the processor is capable of executing programmed instructions stored in the memory to:
• receive a value corresponding to a plurality of decision parameters related to one of multiple software projects from a user, wherein the plurality of decision parameters comprise a software project type, a technology, a software development life cycle (SDLC) type and a stage of the one of the multiple software projects;
• map a value corresponding to a decision parameter from amongst the plurality of decision parameters with each technique of one or more techniques associated with estimated parameters in a decision matrix, wherein the decision matrix comprises a plurality of techniques associated with each of a plurality of estimation parameters comprising a size parameter indicative of size of the one of the multiple software projects, an effort parameter indicative of efforts involved in the one of the multiple software projects, a cost parameter indicative of cost of the one of the multiple software projects, and a schedule parameter indicative of schedule of the one of the multiple software projects, wherein the mapping of the values with techniques is performed based on the comparison of the values with pre-tagged keywords associated with each technique;
• shortlist one or more techniques amongst the plurality of techniques for each of the estimation parameters based on the mapping, wherein the techniques whose pre-tagged keywords match with the received values are shortlisted;
• and
• a mapping module, coupled to the processor, to:
• evaluate a success rating factor corresponding to each of the shortlisted techniques based on historical data of closed software projects to identify a primary set of techniques, wherein evaluating the success rating factor comprises:
• dynamically updating values and weightages associated with each of a plurality of attributes of the success rating factor based on the historical data of the closed software projects, wherein a sum of the weightages associated with the plurality of attributes is equal to 1, wherein the plurality of attributes comprises at least a project effort variance, a project size variance, number of data points, a user feedback, and a client acceptability factor, wherein the project effort variance is a ratio of a difference between actual effort expended in the software project and estimated effort and the actual effort, wherein the project size variance is a ratio of a difference between an actual size delivered in the software project and an estimated size and the actual size, wherein the number of data points is a total number of the multiple software projects matching a criteria including the plurality of decision parameters and a specific technique for the estimation parameter under consideration, wherein the user feedback includes feedback regarding technique effectiveness, usability and consistency and wherein the client acceptability factor includes client feedback regarding estimation effectiveness, predictability and accuracy;
• and
• evaluating the success rating factor corresponding to each of the shortlisted techniques based on the dynamically updated values and weightages associated with each of the plurality of attributes;
• and
• determine based on an interoperability factor, compatibility of the primary set of techniques to identify at least one secondary set of techniques from the primary set of techniques for the one of the multiple software projects, wherein the secondary set of techniques provides an optimum estimate of the one of the multiple software projects, wherein the interoperability factor is indicative of validity of the combination of the techniques.

A non-transitory computer-readable medium having embodied thereon a computer program for executing a method comprising:

• receiving a value corresponding to a plurality of decision parameters related to one of multiple software projects from a user, wherein the plurality of decision parameters comprise a software project type, a technology, a software development life cycle (SDLC) type and a stage of the one of the multiple software projects;
• mapping a value corresponding to a decision parameter from amongst the plurality of decision parameters with each technique of one or more techniques associated with estimated parameters in a decision matrix, wherein the decision matrix comprises a plurality of techniques associated with each of a plurality of estimation parameters comprising a size parameter indicative of size of the one of the multiple software projects, an effort parameter indicative of efforts involved in the one of the multiple software projects, a cost parameter indicative of cost of the one of the multiple software projects, and a schedule parameter indicative of schedule of the one of the multiple software projects, wherein the mapping of the values with techniques is performed based on the comparison of the values with pre-tagged keywords associated with each technique;
• shortlisting one or more techniques amongst the plurality of techniques for each of the estimation parameters based on the mapping, wherein the techniques whose pre-tagged keywords match with the received values are shortlisted;
• evaluating a success rating factor corresponding to each of the shortlisted techniques based on historical data of closed software projects to identify a primary set of techniques, wherein evaluating the success rating factor comprises:
• dynamically updating values and weightages associated with each of a plurality of attributes of the success rating factor based on the historical data of the closed software projects, wherein a sum of the weightages associated with the plurality of attributes is equal to 1, wherein the plurality of attributes comprises at least a project effort variance, a project size variance, number of data points, a user feedback, and a client acceptability factor, wherein the project effort variance is a ratio of a difference between actual effort expended in the software project and estimated effort and the actual effort, wherein the project size variance is a ratio of a difference between an actual size delivered in the software project and an estimated size and the actual size, wherein the number of data points is a total number of the multiple software projects matching a criteria including the plurality of decision parameters and a specific technique for the estimation parameter under consideration, wherein the user feedback includes feedback regarding technique effectiveness, usability and consistency and wherein the client acceptability factor includes client feedback regarding estimation effectiveness, predictability and accuracy;
• and
• evaluating the success rating factor corresponding to each of the shortlisted techniques based on the dynamically updated values and weightages associated with each of the plurality of attributes;
• and
• determining based on an interoperability factor, compatibility of the primary set of techniques to identify at least one secondary set of techniques from the primary set of techniques for the one of the multiple software projects, wherein the secondary set of techniques provides an optimum estimate of the one of the multiple software projects, wherein the interoperability factor is indicative of validity of the combination of the techniques.