Software Cost management and Planning model research

Software Cost management and Planning model research

Hello,

Software process nothing but a software development process also known as software development life cycle. It's basically a process to develop the software, there are two methods of developing the software, one is Waterfall methods (old method) and another is an Agile method (current use of all the big software companies)

The software development methodology starts with gathering requirement, Design, Implementations, verification and finally deploying.

Below are the cost element;-

1. Total effort hours to develop the entire software.
2. Staff/Cost Effort Hours
3. Hardware

CMM- Capability measurement method is bench-mark for measuring the maturity of an organization’s software process. CMM uses a scale of 1 to 5 to provide the feedback of the process.

Maturity model implies

1. Provides starting stage
2. Community past experiences and best practices
3. Shared vision
4. Synonymous language 
5. Prioritize actions framework 
6. Improvement paradigms for organization 

In CMMI models gives a staged paradigm at various levels starting 1 till 5

1. Stage 1(Initial)- Process unpredictable, poorly controlled & reactive
2. Stage 2(Managed)- Process characterized & often reactive
3. Stage 3(Defined) – Process characterized for organization & proactive
4. Stage 4(Quantitatively Managed) – Process measured and controlled 
5. Stage 5(Optimizing) – Focus on continuous improvement 

Thanks!