Top 7 problems with software development cost estimation
Let's face it—estimating software development cost is one of the hardest tasks in technology. Actually, studies indicate that over half of software projects exceed budget, and most of them miss their deadlines as well. Why? However skilled a team may be, cost estimation is never simple. That's why it's so crucial to discuss the Top 7 Challenges Of Cost Estimation For Software Development Projects . If you've ever attempted to budget for a project, you already know the frustration—it's a bit like attempting to forecast the weather four weeks ahead. You can make an informed estimate, but surprises quite often seem to arise. So, let's explain these challenges most readily possible that the next time you are working on a project, you'll know what to watch out for. 1. Scope Creep: When the Project Keeps Growing and Growing Did you ever begin with a simple idea, just to see it grow to something entirely larger? That's scope creep on software projects. A cust...