Abstract
A company that won a $350 000 software development project came to know that the next lowest bid by the competitor was $1.4 million. A few weeks later, after the requirement engineering phase, the company finds that the estimate during the proposal generation was highly inaccurate and underestimated. At the same time, if the bid had been overestimated, the company wouldn’t have got the contract at all.
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© 2004 Springer-Verlag London Limited
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Bhushan, N., Rai, K. (2004). Estimating the Software Application Development Effort at the Proposal Stage. In: Strategic Decision Making. Decision Engineering. Springer, London. https://doi.org/10.1007/978-1-85233-864-0_7
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DOI: https://doi.org/10.1007/978-1-85233-864-0_7
Publisher Name: Springer, London
Print ISBN: 978-1-85233-756-8
Online ISBN: 978-1-85233-864-0
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