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Welcome to the Cost Estimation MCQs Page

Dive deep into the fascinating world of Cost Estimation with our comprehensive set of Multiple-Choice Questions (MCQs). This page is dedicated to exploring the fundamental concepts and intricacies of Cost Estimation, a crucial aspect of Software Engineering. In this section, you will encounter a diverse range of MCQs that cover various aspects of Cost Estimation, from the basic principles to advanced topics. Each question is thoughtfully crafted to challenge your knowledge and deepen your understanding of this critical subcategory within Software Engineering.

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Check out the MCQs below to embark on an enriching journey through Cost Estimation. Test your knowledge, expand your horizons, and solidify your grasp on this vital area of Software Engineering.

Note: Each MCQ comes with multiple answer choices. Select the most appropriate option and test your understanding of Cost Estimation. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

Cost Estimation MCQs | Page 7 of 15

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Q61.
What is the main advantage of using Function Point Analysis (FPA) over other cost estimation methods?

a.

It is based on counting the number of different data structures used

b.

It is particularly suitable for projects aimed at realizing business applications

c.

It does not have any problems associated with determining the expected amount of code

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:FPA is a method of estimating costs that circumvents the problems associated with determining the expected amount of code. It is based on counting the number of different data structures used and is particularly suitable for projects aimed at realizing business applications where the structure of the data plays a dominant role.
Q62.
What is the purpose of applying corrections to reflect differences in complexity of the data types in FPA?

a.

To improve the accuracy of the method

b.

To simplify the method

c.

To make the method less suitable for projects

d.

To make the method more suitable for projects

Discuss
Answer: (a).To improve the accuracy of the method Explanation:In FPA, a further refinement is possible by applying corrections to reflect differences in complexity of the data types. This will help to improve the accuracy of the method by taking into account the complexity of each data type.
Q63.
What is the formula used to convert the total degree of influence to a technical complexity factor in FPA?

a.

TCF = 0.65 + 0.01 * UFP

b.

TCF = 0.65 + 0.01 * DI

c.

TCF = 0.65 + 0.01 * FP

d.

TCF = 0.65 + 0.01 * TCF

Discuss
Answer: (b).TCF = 0.65 + 0.01 * DI Explanation:The formula to convert the total degree of influence (DI) to a technical complexity factor (TCF) in FPA is TCF = 0.65 + 0.01 * DI.
Q64.
What is the unadjusted function point measure adjusted by in the FPA model?

a.

The number of application characteristics

b.

The degree of influence of each characteristic

c.

The total degree of influence

d.

The technical complexity factor

Discuss
Answer: (b).The degree of influence of each characteristic Explanation:The unadjusted function point measure is adjusted by taking into account a number of application characteristics that influence development effort. The degree of influence of each of these characteristics is valued on a six-point scale.
Q65.
How is the adjusted function point measure obtained in the FPA model?

a.

FP=UFP x TCF

b.

FP=UFP + TCF

c.

FP=UFP/TCF

d.

FP=UFP-TCF

Discuss
Answer: (a).FP=UFP x TCF Explanation:The (adjusted) function point measure FP is obtained through FP=UFP x TCF.
Q66.
How does the IFPUG help with counting function points in a uniform way in FPA?

a.

By providing a list of data types and their counts

b.

By providing guidelines on how to classify and count the various entities involved

c.

By providing a direct mapping from function points to lines of code

d.

By providing a formula to calculate the technical complexity factor

Discuss
Answer: (b).By providing guidelines on how to classify and count the various entities involved Explanation:The International Function Point User Group (IFPUG) has published extensive guidelines on how to classify and count the various entities involved. This should overcome many of the difficulties that analysts have in counting function points in a uniform way.
Q67.
What are some of the problems with FPA's handling of complexity?

a.

It uses ordinal scales and counts complexity twice

b.

It uses cardinal scales and counts complexity once

c.

It uses nominal scales and counts complexity thrice

d.

It uses interval scales and counts complexity four times

Discuss
Answer: (a).It uses ordinal scales and counts complexity twice Explanation:FPA distinguishes three levels of component complexity only. A component with 100 elements thus gets at most twice the number of function points of a component with one element. It has been suggested that a model which uses the raw complexity data, i.e. the number of data elements and file types referenced
Q68.
How is the degree of influence of each characteristic in the FPA model valued?

a.

On a binary scale (yes/no)

b.

On a ten-point scale

c.

On a six-point scale

d.

On a three-point scale

Discuss
Answer: (c).On a six-point scale Explanation:The degree of influence of each of these characteristics is valued on a six-point scale, ranging from zero (no influence, not present) to five (strong influence).
Q69.
What is the main purpose of COCOMO 2?

a.

To provide a revision of the 1981 COCOMO model

b.

To learn about significant changes in the software development industry

c.

To offer a means to estimate costs for different types of projects

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:COCOMO 2 is a revision of the 1981 COCOMO model that has been tuned to the life cycle practices of the 1990s and 2000s. It reflects the experience and knowledge of cost estimation, and provides three increasingly detailed cost estimation models for different types of projects, as well as during different stages of a single project.
Q70.
What are the three models provided by COCOMO 2?

a.

Application Composition model, Early Design model, and Post-Architecture model

b.

Object Point model, Function Point model, and LOC model

c.

High-level model, Medium-level model, and Low-level model

d.

Waterfall model, Agile model, and Scrum model

Discuss
Answer: (a).Application Composition model, Early Design model, and Post-Architecture model Explanation:COCOMO 2 provides three increasingly detailed cost estimation models: the Application Composition model, mainly intended for prototyping efforts, the Early Design model, aimed at the architectural design stage, and the Post-Architecture model for the actual development stage of a software product.
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