![]() These factors are increasingly present in organizations, and one of the possible reasons is the fact that teams are still working according to the traditional Waterfall model, rather than adopting a more Agile way of working. Historical information and past experiences are rarely documented, losing a common knowledge base that the organization could use and improve.The productivity and experience levels of IT architects and developers are different across teams and departments.All projects have changes in requirements throughout the project lifecycle (according to the Standish Group Chaos report 2015, 30% of requirement change during the Build phase), but the initial estimation does not always account for these changes.The business often addresses very general and high-level requirements during the initial stage and asks for a quick estimation of the project, where some requirements are unclear or unforeseen.Across industries and organizations, these issues have some common factors such as: IT project cost estimation has long presented difficulties and constraints for the IT departments of large corporations. Open-Innovation and Innovative Ecosystem. ![]()
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