Abstract

Literature review shows that more accurate software effort and cost estimation methods are needed for software project management success. Expert judgment and algorithmic model estimation are two predominant methods discussed in the literature. Both are reported almost at the comparable level of accuracy performance. The combination of the two methods is suggested to increase the estimation accuracy. Delphi method is an encouraging structured expert judgment method for software effort group estimation but surprisingly little was reported in the literature. The objective of this study is to test if the Delphi estimates will be more accurate if the participants in the Delphi process are exposed to the algorithmic estimates. A Delphi experiment where the participants in the Delphi process were exposed to three algorithmic estimates – Function Points, COCOMO estimates, and Use Case Points, was therefore conducted. The findings show that the Delphi estimates are slightly more accurate than the statistical combination of individual expert estimates, but they are not statistically significant. However, the Delphi estimates are statistically significant more accurate than the individual estimates. The results also show that the Delphi estimates are slightly less optimistic than the statistical combination of individual expert estimates but they are not statistically significant either. The adapted Delphi experiment shows a promising technique for improving the software cost estimation accuracy.

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