Cost estimation in software engineering
Cost estimation in software engineering is typically concerned with the financial spend on the effort to develop and test the software, this can also include requirements review, maintenance, training, managing and buying extra equipment, servers and software. Many methods have been developed for estimating software costs for a given project.
Methods
Methods for estimation in software engineering include these principles:- Analysis effort method
- Parametric Estimating
- The Planning Game
- ITK method, also known as Method CETIN
- Proxy-based estimating
- Program Evaluation and Review Technique
- Putnam model, also known as SLIM
- PRICE Systems Founders of Commercial Parametric models that estimates the scope, cost, effort and schedule for software projects.
- SEER-SEM Parametric Estimation of Effort, Schedule, Cost, Risk. Minimum time and staffing concepts based on Brooks's law
- The Use Case Points method (UCP)
- Weighted Micro Function Points
- Wideband Delphi