PROFES 2009 Attendees Glimpse Method behind Superior Cost Estimating Accuracy

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Software development project managers now have a better way to estimate the cost of development, thanks to TechoPark Corp. Its CEO will, for the first time, showcase the method used in its revolutionary approach to cost estimating for software projects, at a conference dedicated to process improvement of software development.

On June 16, 2009, Yegor Bougaenko, CEO of TechnoPark Corp., will present a paper on a "Method for Software Cost Estimating Using Scope Champions" at PROFES 2009, the 10th International Conference on Product Focused Software Development and Process Improvement, in Oulu, Finland from June 15-17, 2009.

This paper highlights the proprietary method behind TechnoPark Corp.'s software that uses a new revolutionary approach to software project cost estimating. Rather than estimating the entire project scope, Arthur Petrenko, TechnoPark's Marketing Director, explains that the "method estimates a very limited number of selective elements called Scope Champions, rather that trying to estimate the entire project. Then a formula is applied to calculate the total cost. Clients find this method saves time and improves accuracy of the estimate."

While TechnoPark applied for the method's patent last fall, Bougaenko decided to wait for the conference to unveil the process in order "to take advantage of PROFES' industry reach, as the number and breadth of companies there showcases companies' need for and commitment to the process improvement of software development, a sphere in which TechnoPark and its innovations excel," mentions Petrenko.

Non-attendees who wish to examine Bougaenko's paper will be able to do so when TechnoPark publishes the article along with presentation slides on TechnoPark's website immediately following the conference. Conference materials will also be published by Springer in the Lecture Notes of Computer Science (LNCS) Series.

TechnoPark Corp. is a specialized project management firm providing quality development services to companies worldwide. TechnoPark effectively manages extreme requirements, tight deadlines, and limited budgets, setting the new standard in providing solutions to customers that are proven to be both high value and high quality. For more information about how TechnoPark is revolutionizing development, visit or contact:


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Arthur Petrenko
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