A Comparative Study of Cost Estimation Models for Web Hypermedia Applications

Software cost models and effort estimates help project managers allocate resources, control costs and schedule and improve current practices, leading to projects finished on time and within budget. In the context of Web development, these issues are also crucial, and very challenging given that Web projects have short schedules and very fluidic scope. In the context of Web engineering, few studies have compared the accuracy of different types of cost estimation techniques with emphasis placed on linear and stepwise regressions, and case-based reasoning (CBR). To date only one type of CBR technique has been employed in Web engineering. We believe results obtained from that study may have been biased, given that other CBR techniques can also be used for effort prediction. Consequently, the first objective of this study is to compare the prediction accuracy of three CBR techniques to estimate the effort to develop Web hypermedia applications and to choose the one with the best estimates. The second objective is to compare the prediction accuracy of the best CBR technique against two commonly used prediction models, namely stepwise regression and regression trees. One dataset was used in the estimation process and the results showed that the best predictions were obtained for stepwise regression.