Software Project Estimation: Intelligent Forecasting, Project Control, and Client Relationship Management

© Dimitre Dimitrov 2020

Dimitre DimitrovSoftware Project Estimationhttps://doi.org/10.1007/978-1-4842-5025-9_7

6. Financial Performance and Managing Risks

Dimitre Dimitrov¹ 

(1)

Toronto, ON, Canada

 

In this chapter we will look at a tool providing additional insight into the financial health and progress of a project. We will also look at a few situations that can be expected on a typical project and how we can manage them and the associated risks.

Performance Index

The scope forecast that we explored in previous chapters enables us to apply measured project control toward desired functionality and calendar targets. Scope and time schedule are important project dimensions, but to be confident and resolute in the decision-making process, we need a clear ...