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Articles

Software cost estimating - Models and Methods

A spreadsheet method enables output from a range of models to be consolidated with other cost elements

Pages 21-24 | Published online: 14 Aug 2019
 

Abstract

The problem of accurately estimating the cost of software development has been addressed by a number of people over the last 20 years and various models have been developed to assist in the estimating process. However there is no model solution that is easily transferable between user environments. The majority of organisations in the software industry make use of empirical methods which clearly are not satisfactory as there is a continuing trend of project overruns. In this article some modelling methods are briefly discussed and a method outlined that has proved to be useful in a range of estimating situations.

Additional information

Notes on contributors

Frank Wellman

FRANK WELLMAN is a freelance consultant specialising in practical methods of project estimation and management. He has over 30 years’ experience in the IT industry of which a long period was spent with SD-Scicon. He has wide ranging experience in the development and use of models in the defence, health and industrial sectors.

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