Delivery management effort allocation using learning-based profit estimation

Abstract

This manuscript presents a new approach for estimating project's profit based on available data from the same project's past as well as the past available data from all other projects in the same class. We build a statistical model that allows such inference in spite of known erratic financial behavior of services projects. Then, using the estimated profit along with its confidence margin, we propose a strategy for future allocation of project management effort to different projects. © 2011 IEEE.