Software project volume sizing for tracking software intensive investments and business initiatives

  • Authors:

  • Evangelos Markopoulos;Nikolitsa Bouzoukou;Georgios Alexopoulos;Javier Bilbao

  • Affiliations:

  • Department of Informatics, University of Piraeus, Piraeus, Greece;International Business Development Unit, EMPROSS Strategic IT Consultants, Cambridge, MA;Process Engineering Research Unit, EMPROSS Strategic IT Consultants - Germany, Munich, Germany;Applied Mathematics Department, Engineering School, University of the Basque Country, Bilbao, Spain

  • Venue:
  • MMACTEE'09 Proceedings of the 11th WSEAS international conference on Mathematical methods and computational techniques in electrical engineering
  • Year:
  • 2009

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Abstract

Software Project Management has always been considered as a Herculean task for organizations and enterprises with limited or insufficient technical expertise and resources. The difference contradiction between business and engineering conceptions on project definition, management and success, resulted in project failures and catastrophic technological investments and business initiatives. This paper aims to contribute in software project management by identifying a new innovative measurement unit based on which software projects can obtain a volume that will be used throughout a project tracking process integrating business and engineering goals and objectives under a common project success perception. This new project tracking approach can assure financial and operational benefits by minimizing the lack of communication between business and engineering parties involved in the implementation of a software oriented investment or business initiative.