9 Ways to Avoid Software Development Cost Estimation Mistakes (2022)

The world has seen a staggering number of software development projects come crashing down because they failed to consider cost estimation.

Following are a few business-critical questions you must ask before software development cost estimation:

Why does the software development cost increase?
Why is it important to calculate the cost involved beforehand?
What are the dependable ways to do software development cost estimation?
If you don’t, you may encounter major business failures due to poor cost-related decisions.

“For every $1 billion spent on projects in the U.S., there was a loss or waste of roughly $122 million—meaning that 12% of the budget for projects, on average, was wasted due to poor management, counterproductive behaviors, and bad decision-making” Read the blog to know more!