article

Estimating the development cost of custom software

Authors:

Ioannis Stamelos,

Lefteris Angelis,

Maurizio Morisio,

Evaggelos Sakellaris,

George L. BlerisAuthors Info & Claims

Information and Management, Volume 40, Issue 8

Pages 729 - 741

https://doi.org/10.1016/S0378-7206(02)00099-X

Published: 01 September 2003 Publication History

Abstract

In this paper an approach for the estimation of software development costs is presented. The method is based on the characterization of the software to be developed in terms of project and environment attributes and comparison with some similar completed project(s) recovered from a historical database. A case study is also presented, focusing on the calibration and application of the method on 59 information systems implementing supply chain functions in industry, Various strategies are explored, the best of which predicted effort quite effectively, with a mean estimation error of 24% with respect to the actual effort.

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Cited By

Wu DLi JBao C(2018)Case-based reasoning with optimized weight derived by particle swarm optimization for software effort estimationSoft Computing - A Fusion of Foundations, Methodologies and Applications10.1007/s00500-017-2985-922:16(5299-5310)Online publication date: 1-Aug-2018
https://dl.acm.org/doi/10.1007/s00500-017-2985-9
Chandrakumar TParthasarathy S(2016)An approach to estimate the size of ERP package using package pointsComputer Standards & Interfaces10.1016/j.csi.2015.10.00347:C(100-107)Online publication date: 1-Aug-2016
https://dl.acm.org/doi/10.1016/j.csi.2015.10.003
Idri AHosni MAbran A(2016)Improved estimation of software development effort using Classical and Fuzzy Analogy ensemblesApplied Soft Computing10.1016/j.asoc.2016.08.01249:C(990-1019)Online publication date: 1-Dec-2016
https://dl.acm.org/doi/10.1016/j.asoc.2016.08.012
Show More Cited By

Index Terms

Estimating the development cost of custom software
1. Social and professional topics
  1. Professional topics
    1. History of computing
      1. History of software
    2. Management of computing and information systems
      1. Implementation management
        Pricing and resource allocation
      2. Software management
2. Software and its engineering
  1. Software creation and management

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cover image Information and Management

Information and Management Volume 40, Issue 8

September 2003

111 pages

ISSN:0378-7206

Issue’s Table of Contents

Publisher

Elsevier Science Publishers B. V.

Netherlands

Publication History

Published: 01 September 2003

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Cited By

Wu DLi JBao C(2018)Case-based reasoning with optimized weight derived by particle swarm optimization for software effort estimationSoft Computing - A Fusion of Foundations, Methodologies and Applications10.1007/s00500-017-2985-922:16(5299-5310)Online publication date: 1-Aug-2018
https://dl.acm.org/doi/10.1007/s00500-017-2985-9
Chandrakumar TParthasarathy S(2016)An approach to estimate the size of ERP package using package pointsComputer Standards & Interfaces10.1016/j.csi.2015.10.00347:C(100-107)Online publication date: 1-Aug-2016
https://dl.acm.org/doi/10.1016/j.csi.2015.10.003
Idri AHosni MAbran A(2016)Improved estimation of software development effort using Classical and Fuzzy Analogy ensemblesApplied Soft Computing10.1016/j.asoc.2016.08.01249:C(990-1019)Online publication date: 1-Dec-2016
https://dl.acm.org/doi/10.1016/j.asoc.2016.08.012
Bishnu PBhattacherjee V(2016)Software cost estimation based on modified K-Modes clustering AlgorithmNatural Computing: an international journal10.1007/s11047-015-9492-715:3(415-422)Online publication date: 1-Sep-2016
https://dl.acm.org/doi/10.1007/s11047-015-9492-7
Mohapatra SSreejesh S (2014)Model for Improving Productivity Without Impacting Quality of Deliverables in IT ProjectsInternational Journal of Information Technology Project Management10.4018/ijitpm.20140401025:2(14-29)Online publication date: 1-Apr-2014
https://dl.acm.org/doi/10.4018/ijitpm.2014040102
Wu DLi JLiang Y(2013)Linear combination of multiple case-based reasoning with optimized weight for software effort estimationThe Journal of Supercomputing10.1007/s11227-010-0525-964:3(898-918)Online publication date: 1-Jun-2013
https://dl.acm.org/doi/10.1007/s11227-010-0525-9
Azzeh MNeagu DCowling P(2008)Software project similarity measurement based on fuzzy C-meansProceedings of the Software process, 2008 international conference on Making globally distributed software development a success story10.5555/1789757.1789773(123-134)Online publication date: 10-May-2008
https://dl.acm.org/doi/10.5555/1789757.1789773
Bibi SStamelos I(2008)Analogy Based Cost Estimation Configuration with RulesProceedings of the 2008 conference on Knowledge-Based Software Engineering: Proceedings of the Eighth Joint Conference on Knowledge-Based Software Engineering10.5555/1566274.1566322(317-326)Online publication date: 29-Jun-2008
https://dl.acm.org/doi/10.5555/1566274.1566322
Bibi SStamelos IAngelis L(2008)Combining probabilistic models for explanatory productivity estimationInformation and Software Technology10.1016/j.infsof.2007.06.00450:7-8(656-669)Online publication date: 1-Jun-2008
https://dl.acm.org/doi/10.1016/j.infsof.2007.06.004
Chiu NHuang S(2007)The adjusted analogy-based software effort estimation based on similarity distancesJournal of Systems and Software10.1016/j.jss.2006.06.00680:4(628-640)Online publication date: 1-Apr-2007
https://dl.acm.org/doi/10.1016/j.jss.2006.06.006

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