Within the cost estimation literature and in practice within organisations a range of cost estimation methods are used to predict costs prior to activities being undertaken. Estimates generated utilising different estimation methods provide different projections of the anticipated cost. The projected differences in cost could have a significant impact on the overall viability of a project or th...

A successful cogeneration system design project needs an estimation of the economical parameters of the project, including capital investment, costs of fuel, expenses in maintenance and operating, and the proper cost for the products. This study describes the economic consideration of the benchmark cogeneration systems, called CGAM system located in the United States. To evaluate the profitabil...

Accurate cost estimation helps to complete project within time and budget. Many estimation models have been proposed over the last 30 years. This paper provides a detail overview of existing software cost estimation models and techniques. Cost estimation models are basically of two types: algorithmic and non-algorithmic. It also includes the recent developed techniques for software cost estimat...

Software cost estimation is a crucial part of the software project initiation process. Cost estimation plays an important role in the bidding/budgeting and help managers to use their resources at the maximum output level. Software Project failure rate is very high in case the project cost estimation is not done by taking all the important factors into the consideration. So finding the cost at t...

Culture and leadership factors play an important role in software development and cost estimation. We discuss the many dimensions of culture and leadership and their impact on cost estimation in software development. We conducted a survey to identify leadership and cultural factors that may influence the software development process and its associated cost. A cost estimation model incorporating...

Software organizations are encouraged to adopt reuse strategies into their development processes. Organizations use software reuse cost estimation models to assess the feasibility of investment in reuse programs. Each organization is unique in its resources and capabilities. Thus, the initial logical step in establishing a reuse program is to examine relevant reuse-specific cost factors applica...

Techniques for reliably estimating development efforts are a fundamental requirement for a wide-scale dissemination of ontologies in business contexts. In this paper we account for the similarities and differences between software and ontology engineering in order to establish the appropriateness of applying software cost models to ontologies. We propose a parametric approach to cost estimation...

The estimation of the manufacturing cost of a part in all phases of the design stage is crucial to concurrent engineering. To better estimate the cost for a product, data must be available from both engineering systems and business systems. This paper presents a cost estimation system being developed to support design time cost estimation using the Federated Intelligent Product EnviRonment (FIP...