With the emergence of the Internet, software development has become an integral part of almost every aspect of business today. Companies are going for the web based application as it can be accessed 24 hours from anywhere. Companies are preferred to go for the web based application for their convenience and real time information. Therefore, an increasing number of resources are being allocated to the development of profitable software to meet customer needs/requirement. Because companies desire to maximize their profits, an efficient allocation of these resources is necessary to minimize costs.