Project status accuracy in large-scale software projects

Elaborating the project status for large-scale software projects is a very important task of the project manager due to the high need of control of such projects. Depending on the strategy used for elaborating the project status, the project manager has more or less information that they can further use in their decision-making process. In this paper we propose a classification of project status accuracy and we discuss the decisions that underlay the selection of a particular accuracy level for elaborating the status of a managed project.