Software Engineering Management SWEBOK Certification Program

Content Area 2: Software Project PlanningEstimation of CostConvert all preceding estimates into costs. This includes all resources required tocomplete all the designated tasks– E.g. labor, tools, travel, facilities, material items (e.g., off‐the‐shelf software)Work Breakdown Structure (WBS) allowsbottom‐up costing– This method supports Earned ValueManagement (EVM) approach toproject managementCosting should account for– Peripherals when outsourcing– Overhead (e.g., benefits, support staff)for internal laborReference CopyNot for DistributionIEEE Computer SocietySample Chart showing Earned Valueversus Planned Value versus Actual CostSoftware Engineering Management - Slide-30