Sequential Model Optimization for Software Effort Estimation

Many methods have been proposed to estimate how much effort is required to build and maintain software. Much of that research tries to recommend a single method - an approach that makes the dubious assumption that one method can handle the diversity of software project data. To address that drawback, we apply a configuration technique called “ROME” (Rapid Optimizing Methods for Estimation), which uses sequential model-based optimization (SMO) to find what configuration settings of effort estimation techniques work best for a particular data set. We test this method using data from 1161 classic waterfall projects and 120 contemporary projects (from GitHub). In terms of magnitude of relative error and standardized accuracy, we find that ROME achieves better performance than the state-of-the-art methods for both classic and contemporary projects. In addition, we conclude that we should not recommend one method for estimation. Rather, it is better to search through a wide range of different methods to find what works best for the local data. To the best of our knowledge, this is the largest effort estimation experiment yet attempted and the only one to test its methods on classic and contemporary projects.