Live from UK Williams Formula 1: Euroclear Bank IT Support With SEER

SEER has become the keystone of Euroclear Bank’s project review process. They implemented independent estimation in addition to the project leaders’ SEER estimate and are providing support to negotiations with outsourcers.

Initially they had difficulties since project managers could not understand function points. 

IT management then mandated SEER for all projects and also mandated an independent estimate.

They now have both internal function point counters and outsourced function point consultants.

Today the external team can explain the function points to the project leaders.

Euroclear found the following were the key drivers in their projects and limit usage to these in most cases:

• Size
• Team capabilities
• Location of IT management
• Development platform (knowledge base)

They are now using SEER for estimates and for monitoring project growth, at the end of the design phase and at the end of the project. This now allows them to estimate based on high level requirements.

They also collect software key performance indicators monthly.

Their lessons learned include:

•  Start with a few parameters. Refine later.
• Calibrate function point counts and SEER
• Collect Final Actuals
• Must have management support

This presentation will be available on www.galorath.com in a few days

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