The analogy method belongs to the methods of effort estimation. For
this purpose, a comparison of the
project to be
estimated with similar, completed projects takes place. An analysis
of the differences establishes similarities and differences between
the projects with regard to the most important influencing factors
(project organization,
development environment, metrics, etc.). This is followed by an
assessment of these in terms of effort and productivity. The
estimation accuracy depends on how well one knows the project to be
estimated (functional specification) and on the experience in the
correct selection and estimation of the influencing factors in the
deviation analysis. The basis of the analogy method is extensive
experience with similar, completed projects.