It will then use this information to calculate the total cost of development. It typically works by asking you to input information about your project, such as the platform you want to develop for, the features and functionalities you want to include, and the design elements you want to incorporate.īased on this information, the calculator will estimate the number of hours and resources (e.g., developers, and designers) needed to complete the project, as well as the hourly rate of the development team. Businesses set priorities, develop business plans and strategies, distribute resources, and control expenses based on the estimation results as the project progresses.īut with the help of a Software development cost calculator tool, one can estimate the cost of developing Software. Calculating software development costs is a difficult task that requires a wide range of skills, expertise, and attention to detail in order to produce a reliable estimate.