A replicated assessment and comparison of common software cost modeling techniques

Delivering a software product on time, within budget, and to an agreed level of quality is a critical concern for many software organizations. Underestimating software costs can have detrimental effects on the quality of the delivered software and thus on a company's business reputation and competitiveness. On the other hand, overestimation of software cost can result in missed opportunities to funds in other projects. In response to industry demand, a myriad of estimation techniques has been proposed during the last three decades. In order to assess the suitability of a technique from a diverse selection, its performance and relative merits must be compared.