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algorithmic cost estimation model
subjectfact 
algorithmic cost estimation modelhas definition An approach to cost estimation such as COCOMO or function points, that use mathematical formulas whose parameters are based on industrial experience2001-08-30 14:54:29.0
has example formula E = a + bNc
where
  • E is the effort estimate
  • N is the estimate or measure being used as the basis for the effort estimate (e.g. number of use cases or lines of code)
  • a, b and c are obtained by extensive analysis of past projects and comparisons with the current project
2001-08-30 14:54:29.0
is a subtopic of 11.3 - Cost Estimation2001-08-30 14:54:29.0
is a kind of subject2001-08-30 14:54:30.0
provides provide formulas to compute anticipated cost of a project, taking into account various aspects of the project's size and complexity2001-08-30 14:54:30.0
uses formula2001-08-30 14:54:30.0
was developed by looking at a wide range of software development projects2001-08-30 14:54:30.0

Kinds of algorithmic cost estimation model :