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Evaluation of Cost Estimation Metrics: Towards a Unified Terminology
Journal Title CIT. Journal of Computing and Information Technology
Journal Abbreviation CIT
Publisher Group University of Zagreb
Website http://cit.srce.unizg.hr/index.php/CIT
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Title Evaluation of Cost Estimation Metrics: Towards a Unified Terminology
Authors Nuser, Maryam S.; Alsmadi, Izzat M.
Abstract Cost overrun of software projects is major cause of their failures. In order to facilitate accurate software cost estimation, there are several metrics, tools and datasets. In this paper, we evaluate and compare different metrics and datasets in terms of similarities and differences of involved software attributes. These metrics forecast project cost estimations based on different software attributes. Some of these metrics are public and standard while others are only employed in a particular metric tool/dataset.Sixteen public cost estimation datasets are collected and analyzed. Different perspectives are used to compare and classify those datasets. Tools for feature selection and classification are used to find the most important attributes in cost estimation datasets toward the goal of effort prediction. In order to have better estimation it is needed to correlate cost estimation from different resources, which requires a unified standard for software cost estimation metric tools and datasets. It is pertinent that a common cost estimation model may not work for each project due to diverse project size, application areas etc. We suggest having a standardized terminology of project attributes used for cost estimation. This would improve cost estimation as multiple metrics could be applied on a project without much additional effort.
Publisher University of Zagreb, University Computing Centre - SRCE
Date 2013-06-04
Source Journal of Computing and Information Technology Vol 21, No 1 (2013)
Rights CIT. Journal of Computing and Information Technology is an open access journal. Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the works authorship and initial publication in this journal. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journals published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).

 

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