What determines the final cost of your custom software project?
Everyone wants to know how much their software project is going to cost. But what factors determine the price you pay? As you might imagine, designing and building custom software is labor intensive. At a basic level, the price you pay is based on the hours required multiplied by the rate paid. Of course it’s not that simple. Let’s look at the four factors that determine how much a software project will cost.
The size of your software project will play a major role in its cost. The larger your software project is, the more time it will take to finish.
The more complex your software project is, the slower the pace development will be. The slower the pace, the more hours required.
Quality also plays a role. For example, an application used in-house won’t require the same design time as a commercial app will.
The faster you need your software, the more people involved. Efficiency drops as more time is required to coordinate efforts.
How much will your software project cost?
Every project is different, so the only way to know for sure is to request a free consultation. But most projects will usually cost between $25,000 and $100,000, and take three to six months to complete. We’ve built much larger and smaller projects, but these are averages. Your project could be less or more, and there’s really only one way to know for sure.