Estimation of Cost and Efforts in Agile Methodologies - A Review

The concept of Traditional software Development slowly started converting into a new methodology called as AGILE Methodology. Where in agile methodology the aim is to satisfy the customer, faster development times with less defects. Where as in traditional software development the effort and cost estimation methods are more when compared with Agile Methodology even though agile process is itself a software development process it has its own limitations generally used techniques or methods. In this paper we explain all the existing techniques which we discuss along with newly introduced methods. Keywords - Agile methodology, FPA, COCOMO, E