Chaos participants said that a formal project management process is the only way large-scale software development can be structured for success. The report went on to say that, Predictability is a big benefit, CIOs said.
Predictability reduces uncertainty, making use of resources more efficient.
Countless times during focus groups, project group therapy sessions and failure post mortems, IT executives echoed, We did our best estimate, we doubled it, added some more, and we still missed the mark. The report called for more standard estimating processes, and a tool by Marotz, Inc. was identified as fitting the bill. Cost Xpert was praised as an easy to use, effective approach to accurately predicting costs and controlling software development waste.