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Software Estimation

The success of any software project depends on the degree of accuracy in estimating the size of software to be developed or enhanced, project effort based on size and cost. Estimation helps in setting realistic project objectives and customer expectations. If these estimates are inaccurate, it can impact the project cost drastically and result in the project being delayed. Therefore, before initiating a project, it is essential to know how long it would take to complete the project, what would be the development cost, and how many resources would be required.

Software estimation methodologies include:

  • Function Point Analysis (FPA)
  • Software Effort and Schedule Estimation