What are different cost estimation models?

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written 7.2 years ago by

iampriyanka.dhuliya • 60

modified 3.2 years ago by

pedsangini276 • 4.8k

Subject: Software Engineering

Topic: Matrics for Process & Projects

Difficulty: High

software engineering

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written 7.1 years ago by

teamques10 ★ 69k

Cost estimation models are mathematical algorithms/methods used to estimate the costs of a product or project. The results of the models are typically necessary to obtain approval to proceed, and are factored into business plans, budgets, and other financial planning and tracking mechanisms.

These algorithms were originally performed manually but …

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