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A Step-by-Step Guide to Estimate Project Development Cost

A project development cost depends on many components. However, the majority of the cost is made up of effort and time that are spent on the software. The software development cost can be divided into two categories: direct costs and indirect costs. Direct costs include the expenditure of the each offshore software developer , the cost of resources, hardware costs and other things that directly affect the cost of the software. While indirect costs include the cost of testing, security and quality checks, which are not directly addressed. 3 Key Factors That Affect the Project Development Cost As mentioned, there are a number of things that can affect the cost of development. However, we are discussing some key components that make up a total development cost. 1 Size: Size of the project is one of the major factors that can give you a rough idea about the cost. That’s simple: the more pages you demand, the more work will be done to develop t...