Cost Estimation for Software Development Using Function Point Analysis Method

  • Ester Lumba Universitas Bunda Mulia
  • Destriana Widyaningrum
  • Alexander Waworuntu

Abstract

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.

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Published
2025-01-24
How to Cite
Lumba, E., Widyaningrum, D., & Waworuntu, A. (2025). Cost Estimation for Software Development Using Function Point Analysis Method. IJNMT (International Journal of New Media Technology), 11(2), 119-124. https://doi.org/https://doi.org/10.31937/ijnmt.v11i2.4006