In software, "effort estimate" can refer to most-likely effort, a p50 estimate, planned effort, or effort used as the basis for a bid.

Format Online paper / PDF

Location PART 1 - TONS OF PUNKS, ONE BIG JERK CHAPTER 3: TOUCHGRASS Throwing Darts

"In software, “effort estimate” can refer to most-likely effort, a p50 estimate, planned effort, or effort used as the basis for a bid."

Jørgensen documents that software practitioners use "effort estimate" for several distinct quantities, including most-likely effort, p50 effort, planned effort, and bid-related effort.

View Source

Source title Practical Guidelines for Expert-Judgment-Based Software Effort Estimation

Source authors Magne Jørgensen

Source year 2005

Confidence high

Importance high