Cost Estimation for Software Development Using Function Point Analysis Method
Ester Lumba, Destriana Widyaningrum, Alexander Waworuntu · IJNMT (International Journal of New Media Technology) · 2025
Software development requires substantial financial resources. This study aims to examine the cost estimation for software development. The complexity of the software, its intangibility as a non-physical product, the technology utilized, and human resources can all influence the determination of software development costs. The method used for cost estimation is Function Point Analysis with a case study approach. The researchers conducted a case study on the software development for an employee savings and loan cooperative at XYZ Company. The result of this study is a cost recommendation that can serve as a reference for selecting software development vendors by the cooperative's management.