Custom Software Development Estimating – Do You Really Need To Fear It?

The most common mistake in custom software development is incorrect cost estimating early in the project’s life.  Understanding and generating a proper estimate is the first key to a successful custom software development project.

There are companies who attempt to make themselves known online using in-house methods, but unless your business already designs custom software, it is likely that you will be dividing your efforts, wasting man hours, and likely creating second rate results.  After all, if the Fed Ex corporation cannot design an in-house software system to manage its business after wasting two years and almost two million dollars (as one report suggests), it would seem prudent for both the small business owner and corporate CEO alike to hire an outside professional.  However, this is where most businesses falter in their resolve; at the result of one simple question – How much is this going to cost us?

Tackling the Numbers

Custom software development cost estimating is complex task, and again, best left in the hands of a professional software engineering company.  If you task your accounting department and management staff with determining the investment capital required, you will end up with an inaccurate figure that may well cripple your efforts.  This is not to insult the intelligence of your IT staff or your accountants; they are busy keeping your business running, but they do not have the specific expertise necessary for software development cost estimating.  Your accountants are familiar with the day-to-day costs of running your business, but they will not be knowledgeable regarding the very specialized cost estimating of software development.  You and your staff have a business to run, but you need to know just how much this project will impact your bottom line before you proceed.

A Better Solution

Logic Method IT understands this problem and leads the industry in custom software development services.  Our full complement of expert professionals can obtain a big picture perspective of your project with ease, whether you are beginning an online presence or you are a large corporate entity looking to capitalize on the commercial potential of the new software.

Logic Method IT is as scalable as your business and your needs.  Our cost estimation is extensive and well thought out.  You will know that everything is being considered from your design, project management, risks, system architecture, coding, documentation, and implementation.  Your team at Logic Method IT will make this process intimate and keep you well informed, thus creating a clear objective and scope for your project.  Ultimately, your project's successful outcome will be highly dependent on having accurate initial project cost estimates.