Software Cost Estimation Review
Ongere, Alphonce (2013)
Metropolia Ammattikorkeakoulu
2013
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2013053011934
https://urn.fi/URN:NBN:fi:amk-2013053011934
Tiivistelmä
Software cost estimation is the process of predicting the effort, the time and the cost re-quired to complete software project successfully. It involves size measurement of the soft-ware project to be produced, estimating and allocating the effort, drawing the project schedules, and finally, estimating overall cost of the project.
Accurate estimation of software project cost is an important factor for business and the welfare of software organization in general. If cost and effort estimation results into pessi-mistic estimate for a software project, suitable occasions can be missed due to imprecision. Optimistic predictions of software cost estimates can also lead to loss of some resources.
Over the past years the estimators have used parametric cost estimation models to estab-lish software cost, however the challenges to accurate cost estimation keep evolving with the advancing technology. The need for researched solutions and continuous improvement of software cost estimation techniques and methods hold. Most cases of software cost estimation do not end up with accurate estimates as desired, but reliable estimates can be achieved.
Accurate estimation of software project cost is an important factor for business and the welfare of software organization in general. If cost and effort estimation results into pessi-mistic estimate for a software project, suitable occasions can be missed due to imprecision. Optimistic predictions of software cost estimates can also lead to loss of some resources.
Over the past years the estimators have used parametric cost estimation models to estab-lish software cost, however the challenges to accurate cost estimation keep evolving with the advancing technology. The need for researched solutions and continuous improvement of software cost estimation techniques and methods hold. Most cases of software cost estimation do not end up with accurate estimates as desired, but reliable estimates can be achieved.