Software Project Costing: Coupling CMMI and PMBOK into a Generic Costing Framework

Liran Edelist, Roy Gelbard and Jeffrey Kantor
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Liran Edelist: Graduate School of Business Administration, Bar-Ilan University, Ramat-Gan, Israel
Roy Gelbard: Graduate School of Business Administration, Bar-Ilan University, Ramat-Gan, Israel
Jeffrey Kantor: Odette School of Business, University of Windsor, Windsor, ON, Canada

International Journal of Information Technology Project Management (IJITPM), 2012, vol. 3, issue 4, 72-86

Abstract: This study puts forward a generic and comprehensive costing framework for software projects that aims for simplicity. This is achieved by integrating commonly used CMMI (Capability Maturity Model Integration) and PMBOK (Project Management Body of Knowledge) costing concepts in a broader organizational context. The costing framework comprises three layers: costing targets, costing activities, and policy evaluation. While the first two layers are derived from commonly used software engineering elements, the third integrates an organizational perspective through software engineers, project managers, accountants and top management. Employment of CMMI and PMBOK standards allows for easy adoption of the proposed model by organizations that are already relying on these standards.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:igg:jitpm0:v:3:y:2012:i:4:p:72-86

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