Abstract
The management of software cost, development effort and project planning are the key aspects of softwa re development. Throughout the sixty-odd years of software development, the in dustry has gone at least four generations of progra mming languages and three major development paradigms. Still the total abili ty to move consistently from idea to product is yet to be achieved. In fact, recent studies document that the failure rate for software development has risen almost to 50 percent. Ther e is no magic in managing software development successfully, but a number of issues related to software development make it uniq ue. The basic problem of software development is risky. Some example of ris k is error in estimation, schedule slips, project cancelled after numerous slips, high defect rate, system goes sour, business misund erstanding, false feature rich, staff turnover. XSoft Estimation addresses the risks by accurate measurement. A new methodology to esti mate using software COSMIC-Full Function Point and named as EXtreme Software Estimation (XSoft Estimation). Based on the experience gained on the original XSoft project develpment, this paper describes what makes XSoft Estimation work from siz ing to estimation.
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