Project Report of Electricity Billing System
Page - 21
Cost estimation of the project:
Software cost comprises a small percentage of overall computer-based system cost.
There are a number of factors, which are considered, that can affect the ultimate cost of
the software such as - human, technical, Hardware and Software availability etc.
The main point that was considered during the cost estimation of
project
was its sizing.
In spite of complete software sizing, function point and approximate lines of code were
also used to "size" each element of the Software and their costing.
The cost estimation done by me for
Project
also depend upon the baseline metrics
collected from past projects and these were used in conjunction with estimation
variables to develop cost and effort projections.
We have basically estimated this project mainly on two bases -
1) Effort Estimation -
This refers to the total man-hours required for the development
of the project. It even includes the time required for doing documentation and user
manual.
2) Hardware Required Estimation -
This includes the cost of the PCs and the
hardware cost required for development of this project.
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