This document discusses techniques for measuring the predictive accuracy of effort estimation models. It describes calculating the Mean Magnitude of Relative Error (MMRE) and Median Magnitude of Relative Error (MdMRE) to measure predictive power. To calculate predictive accuracy, a data set is divided into training and validation sets. The model predicts efforts for the validation set projects. MMRE and MdMRE are then calculated and aggregated to measure the model's predictive accuracy based on the validation set. Values below 0.25 indicate good predictive models. However, the best prediction technique depends on factors like the data set, so no single best technique has been agreed upon.