Ask AI: Software cost estimation technique

One popular software cost estimation technique is the COCOMO (Constructive Cost Model) model. This model considers various factors such as project size, complexity, personnel experience, and development environment to estimate software development costs. Another technique is the Functional Point Analysis (FPA) technique, which measures the functionality provided by the software as perceived by the user to estimate development costs. Both of these estimation techniques involve analyzing historical project data to provide accurate estimates for new software development projects. It's important to note that accurate software cost estimation requires careful consideration of all relevant factors to provide a reliable estimate.