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Metrics : It is the degree to which a system, component or process processes a given attribute. The software metrics relate several measures. For example: average number of errors found per review.
Direct Metrics: It refers to immediately measurable attributes. For example - line of code, execution speed.
Indirect Metrics: It refers to the aspects that are not immediately measurable. For example - functionality of the program.
Errors: These are the type of faults that are found by the developers during development of a software.
Defects: Defects means faults found by the customer after release.
Process Metrics
Process metrics are collected over all project and long period of time.
It allows a project manager:
Access the status of ongoing project.
Track the potential risks.
Uncover the problem area before going to critical.
Adjust the tasks.
To control the quality of the software work products evaluate the project team's ability.
Project Metrics
On most software projects the first application of project metrics occurs through the estimation.
Metrics are collected from the previous projects act as base using which effort and time estimates are created for current software work.
The time and effort are compared to original estimates as a project goes on.
If the quality is improved then the defects are minimized and if the defect goes down, then the amount of rework needed during the project is also reduced

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