Abstract
The idea of conventional software development has been changing from last few years because of rising demands of various software products within short period of time. Developing software from scratch is the main concepts of conventional software development considered time consuming and costly methods. Building software from existing software systems using reusable components is considered important in reducing development cost and time. In this paper, we have highlighted on both Component-Based and co conventional software development approach and found out their merits and demerits in the context of developing reliable and efficient large-scale and complex software products.
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