Saturday, October 16, 2010

Estimate the right cost

The main part in software requirement is cost estimation for the project. The requirement team checks the details of the project and estimates an appropriate cost for the project but at times there are possibilities that a small miscalculation can change the time taken for finishing the project and most importantly the estimation also changes with time period. There are many cost estimation software available which helps in calculating the budget for the project. This software minimizes human errors. But the estimation will not change if the project phases are completed successfully. So each phase is very important in the Software Development and in order to achieve high success rates the frequently made mistake in design and testing software's must be avoided. Estimating Software Projects is one important task which decides the project capacity. So selecting appropriate cost estimation software is also very important to achieve high success rate.