Usefulness of Software Valuation Methods at Initial Stages of ERP Implementation

Przemyslaw Plecka; Krzysztof Bzdyra

doi:10.2478/fman-2014-0018

.blurhash-client-img { display: none !important; }

Usefulness of Software Valuation Methods at Initial Stages of ERP Implementation

Foundations of Management

Volume 5 (2013): Issue 3 (December 2013)

By: Przemyslaw Plecka and Krzysztof Bzdyra

Open Access

|Aug 2014

Abstract

This work discusses the problem of selecting methods for valuing the costs and estimating the time of implementing computer systems in cases when system modification is necessary. The methods presented in literature are reviewed and the stages of strategic phase of implementation characterised. On the basis of the analysis of data required by each method and the data obtained at different stages, appropriate selection of methods for each stage was proposed.

References

[1] Burns M. - How to select and implement an ERP System. 2005. [Online]. Available: http://www.180systems.com/ERPWhitePaper.pdf.
Search in Google Scholar
[2] Kotarba M. - Problems occurring during modification to the standard ERP system and ways overcome them on the example of the implementation of Oracle. JD Edwards EnterpriceOne enterprise in the food industry. Support Systems Organization, Katowice, 2007.
Search in Google Scholar
[3] Lech P. - Integrated management systems ERP / ERP II. Use in business, implementations. Difin, Warszawa 2003.
Search in Google Scholar
[4] McConell S. - Software Estimation: Demystifying the Black Art. Microsoft Press, 2006.
Search in Google Scholar
[5] Meli R. - Early Function Points: a new estimation method for software project [in] WSCOM97, Berlin 1997.
Search in Google Scholar
[6] Santillo L., Conte M., Meli R. - Early & Quick Function Point: Sizing More with Less [in] Metrics 2005, 11 th IEEE Intl Software Metrics Symposium, Como, Italy, 2005.10.1109/METRICS.2005.33
Search in Google Scholar
[7] Boehm B., Abtsi C., Chulani S. - Software Development Cost Estimation Approaches - A Survey. Annals of Software Engineering, tom 10, nr 1-4, pp. 177-205, 2000.10.1023/A:1018991717352
Search in Google Scholar
[8] Jaszkiewicz A. - Software Engineering. Helion, 1997.
Search in Google Scholar
[9] BPMN. Object Management Group, 2013 [online]. Available: http://www.bpmn.org/.
Search in Google Scholar
[10] Sacha K. - Software Engineering. Wydawnictwo Naukowe PWN, 2010.
Search in Google Scholar
[11] Fraczkowski K. - IT project management. Oficyna Wydawnicza Politechniki Wroclawskiej, Wroclaw 2003.
Search in Google Scholar
[12] Phillips J. - IT Project Management: On Track from Start to Finish. McGraw-Hill, Inc. Nowy Jork, 2004.
Search in Google Scholar
[13] Radosiňski E. - Systems in dynamic analysis of decision-making. Decision support systems. Simulation modeling. Intelligent Techniques. Wydaw-nictwo Naukowe PWN, Warszawa 2001.
Search in Google Scholar
[14] Justynowicz K. - Pre-Implementation analysis becoming popular. Oct. 2007. [online]. Available: http://www.bcc.com.pl/akademia-lepszego-biznesu/analiza-przedwdrozeniowa-coraz-popularniejsza.html.
Search in Google Scholar
[15] Stutzke R.D. - Estimation Software-Intensive Systems, Upper Saddle River, New York: Addison-Wesley, 2005.
Search in Google Scholar
[16] Allen P., Frost S. - Component-Based Development for Enterprise Systems, Applying the Select Perspective. Cambridge: Cambridge University Press, 1998.
Search in Google Scholar
[17] Select Business Solution [Online]. Available: http://www.selectbs.com.
Search in Google Scholar
[18] ARIS [Online]. Available: http://www.softwareag.com.
Search in Google Scholar
[19] Yourdon E. - Death March. Yourdon Press, 2003.
Search in Google Scholar
[20] Booch G., Rumbaughi J., Jacobson I. - The Unified Modeling Language. User Guide., Rational Software Corporation.: Addison Wesley Longman, Inc, 1990.
Search in Google Scholar
[21] Boehm B. - Software Engineering Economics. New York: Englewood Clifs, 1981.
Search in Google Scholar
[22] Boehm B.W. - Software Cost Estimation with COCOMO II, Prentice Hall, 2000.
Search in Google Scholar
[23] Baik J. - COCOMO II, Model Definition Manual. Version 2.1, Center for Software Engineering at the University of Southern California, 2000.
Search in Google Scholar
[24] Hele J., Parrish A., Dixon B., Snith R. - Enhancing the Cocomo estimation models. Software, IEEE, Volume:17, Issue: 6, 2000, pp. 45-49.10.1109/52.895167
Search in Google Scholar
[25] Aljahdalii S., Sheta A. - Software effort estimation by tuning COOCMO model parameters using differential evolution [in] Computer Systems and Applications (AICCSA), IEEE/ACS International Conference on, Hammamet, 2010.10.1109/AICCSA.2010.5586985
Search in Google Scholar
[26] Fei Z. - f-COCOMO: fuzzy constructive cost model in software engineering. [in] Fuzzy Systems, IEEE International Conference on, San Diego, CA, 1992.
Search in Google Scholar
[27] Satyananda R.C. - An Improved Fuzzy Approach for COCOMO’s Effort Estimation using Gaussian Membership Function. Journal of Software, Vol. 4, No. 5, July 2009, pp. 452-459.10.4304/jsw.4.5.452-459
Search in Google Scholar
[28] Attarzadeh I. - Improving estimation accuracy of the COCOMO II using an adaptive fuzzy logic model [in] Fuzzy Systems (FUZZ), 2011 IEEE International Conference on, Taipei, 2011.10.1109/FUZZY.2011.6007471
Search in Google Scholar
[29] Plecka P. - Selected Methods of Cost Estimation of ERP Systems’ Modifications. Zarządzanie Przedsiebiorstwem, nr 3/21013.
Search in Google Scholar
[30] Albreht A. - Measuring Application Development Productivity [in] Proceedings of the Joint SHARE, GUIDE, and IBM Application Development Symposium, Monterey, California, USA, 1997.
Search in Google Scholar
[31] IFPUG, Function Point Counting Practices: Manual Release 4.1, Westerville, OH: IFPUG, 1999.
Search in Google Scholar
[32] The QSM Function Points Languages Table. QSM, 2013. [online]. Available: http://www.qsm.com/resources/function-point-languages-table.
Search in Google Scholar
[33] International Function Point Users Group [online]. Available: http://www.ifpug.org/.
Search in Google Scholar
[34] Clemmons R.K. - Project estimation with use case points. The Journal of Defense Software Engineering, pp. 18-22, 2006.
Search in Google Scholar
[35] Jorgensen M. - A Review of Studies on Expert Estimation of Software Development Effort. Journal of Systems and Software, Vol. 70, No. 1-2, February 2004, p. 37-60,.10.1016/S0164-1212(02)00156-5
Search in Google Scholar
[36] Kitchenham B., Pfleeger S.L., McColl B., S. Eagan - An empirical study of maintenance and development estimation accuracy. Journal of Systems and Software, Vol. 64, No. 1, 2002, pp. 57-77.10.1016/S0164-1212(02)00021-3
Search in Google Scholar
[37] Putnam L.H., Myers W. - Measures for Excellence: Reliable Software on Time. Within Budget, Eng-lewood Cliffs, NY: Yourdon Press, 1992.
Search in Google Scholar
[38] Fondahl J.W. - The History of Modern Project Management Precedence Diagramming Methods: Origins and Early Development. Project Management Journal, Vol. XVIII., No. 2, 1987.
Search in Google Scholar
[39] NASA - ISD Wideband Delphi Estimation. 09 2004. [online]. Available: http://software.gsfc.nasa.goV/assetsapproved/PA1.2.1.2.pdf.
Search in Google Scholar
[40] Tausworthe R. - The work breakdown structure in software project management. Journal of Systems and Software, Vol. 1, 1984.10.1016/0164-1212(79)90018-9
Search in Google Scholar
[41] Norman E., Brothertoni S., Fried R. - Work Breakdown Structures: The Foundation for Project Management Excellence. John Wiley & Sons, 2010.
Search in Google Scholar
[42] Haugan G. - Effective Work Breakdown Structures. Project Management Institute, 2002.
Search in Google Scholar
[43] Humphrey W.S. - A Discipline for Software Engineering. Addison Wesley, 1995.
Search in Google Scholar
[44] Cohn M. - Agile Estimating and Planning. Upper Side River, NY: Prentice Hall PTR, 2005.
Search in Google Scholar

Articles in this issue

DOI: https://doi.org/10.2478/fman-2014-0018 | Journal eISSN: 2300-5661 | Journal ISSN: 2080-7279

Journal RSS Feed

Language: English

Page range: 33 - 48

Published on: Aug 21, 2014

Published by: Warsaw University of Technology

In partnership with: Paradigm Publishing Services

Publication frequency: 1 issue per year

Keywords:

ERP,

COCOMO,

Related subjects:

Business and economics,

Business management,

Management accounting, financial controlling, cost calculation, investment

© 2014 Przemyslaw Plecka, Krzysztof Bzdyra, published by Warsaw University of Technology
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 5 (2013): Issue 3 (December 2013)