DZone

Costs estimation is at the heart of the software development process. It is important for every business to have the ability to have an estimate for each project they have. Estimation can be thrown randomly to advance quickly but that would not really make sense. There is a long process that leads to cost estimation. Besides costs, there is another important aspect that needs to be taken into account: how long would it take to deliver the product? When answering these questions, there are few things we need to understand: how do you calculate software? How does software development project estimation work? How should you calculate man-hours for a software project?

How Does Software Development Project Estimation Work?

In order to make an accurate estimation and get how to provide estimates for software development, it is important to understand the scope of work. We have already explained this in a previous blog post. Let’s just sum up the main steps in few bullet points when going through estimation process.

Source: DZone