What does COCOMO mean in Business?
This page is about the meanings of the acronym/abbreviation/shorthand COCOMO in the field in general and in the Business terminology in particular.
COst COntrol MOdel
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What does COCOMO mean?
- The Constructive Cost Model is an algorithmic software cost estimation model developed by Barry W. Boehm. The model uses a basic regression formula with parameters that are derived from historical project data and current as well as future project characteristics. COCOMO was first published in Boehm's 1981 book Software Engineering Economics as a model for estimating effort, cost, and schedule for software projects. It drew on a study of 63 projects at TRW Aerospace where Boehm was Director of Software Research and Technology. The study examined projects ranging in size from 2,000 to 100,000 lines of code, and programming languages ranging from assembly to PL/I. These projects were based on the waterfall model of software development which was the prevalent software development process in 1981. References to this model typically call it COCOMO 81. In 1995 COCOMO II was developed and finally published in 2000 in the book Software Cost Estimation with COCOMO II. COCOMO II is the successor of COCOMO 81 and is better suited for estimating modern software development projects. It provides more support for modern software development processes and an updated project database. The need for the new model came as software development technology moved from mainframe and overnight batch processing to desktop development, code reusability and the use of off-the-shelf software components. This article refers to COCOMO 81.