Aravindhan K, Department of Computer Science and Engineering, SNS College of Engineering, Tamil Nadu, India.
International Journal of Advanced Information and Communication Technology
Received On : 03 May 2020
Revised On : 30 July 2020
Accepted On : 23 September 2020
Published On : 05 October 2020
Volume 07, Issue 10
Pages : 166-169
Abstract
Cost estimation of software projects is risky task in project management field. It is a process of predicting the cost and effort required to develop a software applications. Several cost estimation models have been proposed over the last thirty to forty years. Many software companies track and analyse the current project by measuring the planed cost and estimate the accuracy. If the estimation is not proper then it leads to the failure of the project. One of the challenging tasks in project management is how to evaluate the different cost estimation and selecting the proper model for the current project. This paper summarizes the different cost estimation model and its techniques. It also provides the proper model selection for the different types of the projects.
Keywords
Software cost estimation; COCOMO; Project management; Algorithmic and Non-Algorithmic Methods.
Cite this article
Aravindhan K, “Insights on Cost Estimation Methods and its Uses in Software Project Design, ” INTERNATIONAL JOURNAL OF ADVANCED INFORMATION AND COMMUNICATION TECHNOLOGY, pp. 166-169, October. 2020.
Copyright
© 2020 Aravindhan K. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.