Optimize the Application Maintenance Estimation (AME) Process Storyboard Sample
App Dev managers are under high pressure to create new, highly complex applications while maintaining legacy applications. Failure to properly estimate maintenance costs leads to a loss of integrity with the business and poor quality development. A balanced parametric or expert approach alleviates the many pain points brought about by relying on a single estimation method and allows the development team to combine both a bottom-up and top-down approach framework in order to apply the best-fit technique. The cost of change is low, as it allows stakeholders to continue employing their current estimation technique or adopt one on demand.
Take a systematic approach to implement cost estimation practices in your organization:
- Determine organizational maintenance needs based on skill, practice, tracking, and governing.
- Optimize your current maintenance estimation process by injecting expert and parametric costing models into flow. Simulate optimized flow on a historic two-year portfolio.
- Conduct an impact analysis. Update any changes in your SOP. Track one-time and ongoing costs. Compare against estimates.
- Communicate regularly with stakeholders.
Realize that maintenance estimation techniques must be applied on an ongoing basis. Find out what processes and approaches work through a gradual rollout with appropriate metrics and measurements.