Software project development cost estimation
Journal of Systems and Software
An empirical validation of software cost estimation models
Communications of the ACM
Improving Software Productivity
Computer
Calibrating a software cost estimation model: why and how
Information and Software Technology
Function point analysis
Scale Economies in New Software Development
IEEE Transactions on Software Engineering
Software engineering with formal metrics
Software engineering with formal metrics
A Pattern Recognition Approach for Software Engineering Data Analysis
IEEE Transactions on Software Engineering - Special issue on software measurement principles, techniques, and environments
Machine Learning Approaches to Estimating Software Development Effort
IEEE Transactions on Software Engineering
The mythical man-month (anniversary ed.)
The mythical man-month (anniversary ed.)
Multivariate data analysis (4th ed.): with readings
Multivariate data analysis (4th ed.): with readings
Towards a Software Factory
Software Engineering Economics
Software Engineering Economics
Measures for Excellence: Reliable Software on Time, within Budget
Measures for Excellence: Reliable Software on Time, within Budget
Software Development Cost Estimation Using Function Points
IEEE Transactions on Software Engineering
Experience With the Accuracy of Software Maintenance Task Effort Prediction Models
IEEE Transactions on Software Engineering
Journal of Management Information Systems - Special section: Information technology and IT organizational impact
IEEE Transactions on Software Engineering
The need for effort estimation models for open source software projects
5-WOSSE Proceedings of the fifth workshop on Open source software engineering
A Probabilistic Model for Predicting Software Development Effort
IEEE Transactions on Software Engineering
Information and Management
Software Functionality: A Game Theoretic Analysis
Journal of Management Information Systems
An empirical study of the Cobb-Douglas production function properties of software development effort
Information and Software Technology
A new regression based software cost estimation model using power values
IDEAL'07 Proceedings of the 8th international conference on Intelligent data engineering and automated learning
The Effect of an Initial Budget and Schedule Goal on Software Project Escalation
Journal of Management Information Systems
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One of the major difficulties in controlling software development project cost overruns and schedule delays has been developing practical and accurate software cost models. Software development could be modeled as an economic production process and we therefore propose a theoretical approach to software cost modeling. Specifically, we present the Minimum Software Cost Model (MSCM), derived from economic production theory and systems optimization. The MSCM model is compared with other widely used software cost models, such as COCOMO and SLIM, on the basis of goodness of fit and quality of estimation using software project data sets available in the literature. Judged by both criteria, the MSCM model is comparable to, if not better than, the SLIM, and significantly better than the rest of the models. In addition, the MSCM model provides some insights about the behavior of software development processes and environment, which could be used to formulate guidelines for better software project management polices and practices.