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In software development, effort estimation is the process of predicting the most realistic amount of effort (expressed in terms of person-hours or money) required to develop or maintain software based on incomplete, uncertain and noisy input. Effort estimates may be used as input to project plans, iteration plans, budgets, investment analyses ...
Harvey balls. Harvey balls are round ideograms used for visual communication of qualitative information. They are commonly used in comparison tables to indicate the degree to which a particular item meets a particular criterion. For example, in a comparison of products, information such as price or weight can be conveyed numerically, and binary ...
Microsoft Excel is a spreadsheet editor developed by Microsoft for Windows, macOS, Android, iOS and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA). Excel forms part of the Microsoft 365 suite of software.
The accounting for long term contracts using the percentage of completion method is an exception to the basic realization principle. This method is used wherein the revenues are determined based on the costs incurred so far. The percentage of completion method is used when: Measure progress toward completion.
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In the British Civil Service and other departments of the United Kingdom government, traffic light colours are used as a coding system for good or bad performance, usually known as a 'RAG rating'—Red, Amber, Green. For example, a red workload performance would mean inadequate, amber would mean reasonable, and green would mean good.
Phase-gate process. A phase-gate process (also referred to as a waterfall process) is a project management technique in which an initiative or project (e.g., new product development, software development, process improvement, business change) is divided into distinct stages or phases, separated by decision points (known as gates ).
An Event-driven process chain (EPC) is an ordered graph of events and functions. It provides various connectors that allow alternative and parallel execution of processes. Furthermore it is specified by the usages of logical operators, such as OR, AND, and XOR. A major strength of EPC is claimed to be its simplicity and easy-to-understand notation.