Renewed Commitment to Project Requirements

US CIO and OMB look to focus on the front-end of projects to improve the development of business requirements and position the project portfolio for greater predictability in cost performance. ...

... "He said the OMB was looking for ways to overhaul IT project management in government, starting by creating better project requirements in order to foster cost control before the projects even begin. " ...

Via Information Week: IT Project Management

Project Estimation Software

Here's a software enabler for project estimation that strives to improve estimates to within five percent. ...

... "SEER for IT replicates real-world scenarios and outcomes by combining sophisticated cost modeling technology with an easy-to-use interface; databases of industry and user inputs, rates and factors; and a parametric estimation engine. Designed to bring best practices to the planning and estimation of IT projects and IT support, it can be configured to an organization's unique environment and offers a consistent and repeatable process that supports both detailed and high-level project estimates and trade-offs. The results can be shared easily throughout the organization. " ...

Via Galorath: SEER for IT Estimation Software