Comparative Analysis of Different Software Cost Estimation Methods
The importance of software cost estimation has been increasing gradually over last three decades. Software cost estimation is related to how long and how many people are required to complete a software project. Software cost estimation is the process of predicting the effort and cost required to develop a software system. The basic input for the software cost estimation is coding size and set of cost drivers, the output is effort in terms of Person-Months (PM’s) and cost. One of the problems in software cost estimation is how the authors can evaluate the cost estimation model.