Software cost estimation, benchmarking, and risk assessment

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Software effort estimation is crucial for effective project planning and management, yet its significance is often overlooked in practice. Adam Trendowicz introduces the CoBRA method (Cost Estimation, Benchmarking, and Risk Assessment) for estimating the effort needed to complete software development projects. This method uniquely integrates human judgment with measurement data to create tailored effort estimation models. CoBRA extends beyond mere effort prediction; it aids project decision-makers in negotiating project scope, managing risks, benchmarking productivity, and guiding improvement initiatives. The book illustrates the method's practical application through several real-world cases across various industrial contexts, showcasing different estimation environments, objectives, and constraints. The work stems from a collaboration between the process management division of Fraunhofer IESE and numerous software companies focused on technology transfer in software engineering. It primarily targets software practitioners involved in planning and managing development projects, while also appealing to students and courses in software engineering or project management.