Computer Science Fundamentals
Software Engineering
Subjective
Feb 28, 2013
Write short note on the various estimation techniques.
Detailed Explanation
- Algorithmic cost modeling – the cost estimation is based on the size of the software.
- Expert judgment – The experts from software development and the application domain.
- Estimation by analogy – The cost of a project is computed by comparing the project to a similar project in the same application domain.
- Parkinson’s Law – The cost is determined by available resources rather than by objective assessment.
- Pricing to win – The project costs whatever the customer ready to spend it.
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