Software Cost Estimation Quiz

What is the primary objective of software costing and pricing?

• To reduce project duration

• To increase project complexity

• To introduce the fundamentals of software costing and pricing

• To eliminate all costs

Which estimation technique starts at the system level?

• Bottom-up estimation

• Expert judgment

• Pricing to win

• Top-down estimation

What does COCOMO stand for?

• Cost of Computing Models

• Comprehensive Cost Model

• Constructive Cost Model

• Cost Calculation Model

Which of the following is NOT a component of software cost?

• Hardware and software costs

• Travel and training costs

• Effort costs

• Marketing costs

What is the dominant factor in most software projects' costs?

• Effort costs

• Hardware costs

• Training costs

• Travel costs

What does the 'M' in the COCOMO cost estimation formula represent?

• Market conditions

• Multiplier based on project attributes

• Management overhead

• Material costs

Which model is used when software is composed from existing parts?

• Early design model

• Application composition model

• Post-architecture model

• Reuse model

What is a potential consequence of project cost estimates?

• They are always accurate

• They can be ignored

• They always lead to profit

• They can define the budget and adjust the product

Which factor may lead a developer to lower their price?

• Stable requirements

• Strong financial health

• High profit margins

• Market opportunity

What is the purpose of estimating software costs?

• To avoid project planning

• To discover the cost of producing software

• To increase project complexity

• To eliminate all risks