Cost estimation is a prediction process of defining the cost required in order to get the accurate cost of equipping facility, producing goods or providing services. It is important in managing project especially to the project manager when proposing budget for certain project. There are a few techniques that can be used to estimate software development such as Expert Judgment, Algorithmic Model, Price to Win, Estimation by Analogy, Parkinson Ian Estimation, Top-Down Estimation, Bottom-Up Estimation and Machine Learning. Nowadays, most web-based developers are still unaware of the different...
Cost estimation is a prediction process of defining the cost required in order to get the accurate cost of equipping facility, producing goods or prov...