Techniques of Software Cost Estimation | Original Article

ABSTRACT:

One of the world's most rapidly expanding sectors right now is computer software. Effective strategies for predicting software costs are clearly needed to reduce expenses and make software more competitive in light of the rising price of software development. Software cost assessment has made use of a variety of computational methodologies. As a result, it may be difficult for software managers to allocate resources or keep expenses under control if estimates of development time and cost vary widely. Predicting the amount of time and effort it will take to implement a software system is the primary goal of software cost estimate. It's a crucial job that aids the software industry in properly managing the software development process they're involved in.