International Journal of Innovative Science Engineering and Technology (IJISET)
The software project estimation covering effort and cost is to have an idea about the workload and financial implications of implementing a project. Software cost estimation is a complex activity as there are many parameters that affect the outcome of project. The essential ingredient needed for estimation is data from similar projects implemented in past and the people involved in implementing those past projects. In this paper, many techniques have been discussed that have been implemented and an attempt has been made to suggest new ideas to arrive at precise estimation of such parameters as cost and effort.