Context: Effort estimation is one of the essential phases that must be accurately predicted in the early stage of software project development. Currently, solving problems that affect the estimation accuracy of Use Case Points-based methods is still a challenge to be addressed. Objective: This paper proposes a parametric software effort estimation model based on Optimizing Correction Factors and Multiple Regression Models to minimize the estimation error and the influence of unsystematic noise, which has not been considered in previous studies. The proposed method takes advantage of the Least Squared Regression models and Multiple Linear Regression models on the Use Case Points-based elements. Method: We have conducted experimental research to evaluate the estimation accuracy of the proposed method and compare it with three previous related methods, i.e., 1) the baseline estimation method – Use Case Points, 2) Optimizing Correction Factors, and 3) Algorithmic Optimization Method. Experiments were performed on datasets (Dataset D1, Dataset D2, and Dataset D3). The estimation accuracy of the methods was analysed by applying various unbiased evaluation criteria and statistical tests. Results: The results proved that the proposed method outperformed the other methods in improving estimation accuracy. Statistically, the results proved to be significantly superior to the three compared methods based on all tested datasets. Conclusion: Based on our obtained results, the proposed method has a high estimation capability and is considered a helpful method for project managers during the estimation phase. The correction factors are considered in the estimation process.

Introduction: The precise estimation of software effort is a significant difficulty that project managers encounter during software development. Inaccurate forecasting leads to either overestimating or underestimating software effort, which can be detrimental for stakeholders. The International Function Point Users Group’s Function Point Analysis (FPA) method is one of the most critical methods for software effort estimation. However, the practice of using the FPA method in the same fashion across all software areas needs to be reexamined. Aim: We propose a model for evaluating the influence of data clustering on software development effort estimation and then finding the best clustering method. We call this model the effort estimation using machine learning applied to the clusters (EEAC) model. Method: We cluster the dataset according to the clustering method and then apply the FPA and EEAC methods to these clusters for effort estimation. The clustering methods we use in this study include five categorical variable criteria (Development Platform, Industrial Sector, Language Type, Organization Type, and Relative Size) and the k-means clustering algorithm. Results: The experimental results show that the estimation accuracy obtaining with clustering consistently outperforms the accuracy without clustering for both the FPA and EEAC methods. Significantly, using the FPA method, the average improvement rate from using clustering as opposed to non-clustered was highest at 58.06%, according to the RMSE. With the EEAC method, this number reached 65.53%. The Industry Sector categorical variable achieves the best accuracy estimation compared to the other clustering criteria and k-means clustering. The improvement in accuracy in terms of the RMSE when applying this criterion is 63.68% for the FPA method and 72.02% for the EEAC method. Conclusion: Better results are obtained through dataset clustering compared to no clustering for both the FPA and EEAC methods. The Industry Sector is the most suitable clustering method among the tested clustering methods.

Function point analysis is a widely used metric in the software industry for development effort estimation. It was proposed in the 1970s, and then standardized by the International Function Point Users Group, as accepted by many organizations worldwide. While the software industry has grown rapidly, the weight values specified for the standard function point counting have remained the same since its inception. Another problem is that software development in different industry sectors is peculiar, but basic rules apply to all. These raise important questions about the validity of weight values in practical applications. In this study, we propose an algorithm for calibrating the standardized functional complexity weights, aiming to estimate a more accurate software size that fits specific software applications, reflects software industry trends, and improves the effort estimation of software projects. The results show that the proposed algorithms improve effort estimation accuracy against the baseline method.

Accurate effort estimation is necessary for efficient management of software development projects, as it relates to human resource management. Ensemble methods, which employ multiple statistical and machine learning techniques, are more robust, reliable, and accurate effort estimation techniques. This study develops a stacking ensemble model based on optimization correction factors by integrating seven statistical and machine learning techniques (K‐nearest neighbor, random forest, support vector regression, multilayer perception, gradient boosting, linear regression, and decision tree). The grid search optimization method is used to obtain valid search ranges and optimal configuration values, allowing more accurate estimation. We conducted experiments to compare the proposed method with related methods, such as use case points‐based single methods, optimization correction factors‐based single methods, and ensemble methods. The estimation accuracies of the methods were evaluated using statistical tests and unbiased performance measures on a total of four datasets, thus demonstrating the effectiveness of the proposed method more clearly. The proposed method successfully maintained its estimation accuracy across the four experimental datasets and gave the best results in terms of the sum of squares errors, mean absolute error, root mean square error, mean balance relative error, mean inverted balance relative error, median of magnitude of relative error, and percentage of prediction (0.25). The p‐value for the t‐test showed that the proposed method is statistically superior to other methods in terms of estimation accuracy. The results show that the proposed method is a comprehensive approach for improving estimation accuracy and minimizing project risks in the early stages of software development.