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Software Development Lifecycle (SDLC): End-to-End Overview

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  • Software Development Lifecycle (SDLC): End-to-End Overview

Effort & Cost Estimation


What is Effort Estimation?

Effort estimation predicts number of hours required, number of developers needed & project duration etc.

Common Estimation Techniques

1. Expert Judgment: Senior developers estimate based on experience.

2. Analogous Estimation: Compare with similar past projects.

3. Bottom-Up Estimation: Break project into small tasks → estimate each → sum total.

4. Three-Point Estimation: Expected Time = (Optimistic + 4 × Most Likely + Pessimistic) / 6

Cost Estimation Includes:

  • Developer salary
  • Infrastructure
  • Tools
  • Licensing
  • Maintenance

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