Research On Software Project Cost Management

Effective software project management is vital for a successful software development project and one of its important components is cost management. The purpose of software project management is to ensure the completion of the project objectives through careful planning and managing of various factors like cost, people, time, quality, risks, etc. In order to improve the efficiency and optimize the outcome, it is necessary to find the best solutions of time and cost while meeting the quality standards. In this case, a thorough study of software cost management before and during the development process is crucial to any software project.The thesis, written from a project manager's perspective, discusses the definition and characteristics of software project cost management. It investigates some commonly used cost management approaches like using cost estimation models such as COCOMO, CMM and other cost management systems, and analyzes the methods, features and limitations of the present systems. Based on the investigation and analysis, the author conducts an exploratory study on the project cost management process of a provincial personnel supervision system development project and provides suggestions on cost management of similar software projects.