Standard Software Sizing
Large IT projects are far more prone to failure than small ones, first we must agree how to size them. CFP stands for COSMIC Function Point, a standardised means of measuring software size. CFP is a measure of user-recognisable functionality, irrespective of the technology used to achieve it. The COSMIC sizing methodology is free to use by anyone, see: https://cosmic-sizing.org
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The C-Suite Needs Better Ways to Manage Technology
Common C-Suite Language for IT investment
- Obtain insights into technology spend and value
- Improve technology decisions
- Improve application portfolio management
- Align tech spend to general ledger
- Benchmark technology investments
- Improve vendor management
- Identify and reduce waste
CFP is an easy-to-understand, valid, indicator of size that allows sound decision-making without technical jargon. By adopting CFP as the core metric and the common language for discussing IT investments, organisations can help the c-suite work with IT to improve decision-making of technology investments. Here are examples of how it can be used:
If you have followed the ideas above and can grasp the concept of how to use CFP as size measurement for effective IT decision-making, then you are well ahead of the majority in being able to contribute to sound IT decision making.
The majority of IT spends focuses on software to manipulate data, and yet IT organisations have failed to embrace a universal metric for this in terms that non-technical leaders can understand. An excellent metric exists and yet is poorly adopted because it brings transparency which many find uncomfortable. Nonetheless CFO’s and CEO’s should demand this.
Automated software sizing
Automated sizing with ScopeMaster can accelerate the adoption of CFP as a standard sizing metric and consequently all the benefits shown.