A Hedonic Approach to Estimating Software Cost Using Ordinary Least Squares Regression and Nominal Attribute Variables
Marc D. Ellis
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A Hedonic Approach to Estimating Software Cost Using Ordinary Least Squares Regression and Nominal Attribute Variables

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Software spending is increasing within the DoD, NASA, and other technologically advanced organizations, with significant effects on program budgets. Cost estimators must have the best tools available. However, many current models are problematic due to inaccuracy and unavailability of the input parameters, the technical expertise and expense required to operate them, and the difficulty in explaining their outputs. Two databases were analyzed: 60 NASA/JPL software projects and 116 projects from the International Software Benchmarking and Standards Group database. Models developed using ordinary...