2. Structuring the method around functional analysis
2.1 Using functional specifications
During preliminary studies, the project is defined very succinctly. You will be familiar with :
the basic need ;
main function(s) ;
some secondary functions ;
major constraints.
The analogical method is there to help you estimate the cost on the basis of these basic assumptions alone.
To do this, you need to familiarize yourself with the functional specifications of the product to be developed. This helps you to identify the functional requirements of the final product, and provides some quantitative data to help you determine the complexity...
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Structuring the method around functional analysis
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Association for Advancement of Cost Engineering
AACE International was founded in 1956 by 59 cost estimators and cost engineers at the organizational meeting of the American Association of Cost Engineering.
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