This cost estimating tool does not include project management costs. You should set aside between 10% and 20% of the application cost for project management. Neither does it include local taxes.

As with all software, the application cost has a maintenance component for hosting, monitoring, engagement, marketing, updates, and licenses. The industry average accepted cost to maintain software is roughly 15-20% / year of its MVP development cost.

The final total is a Class 5* order-of-magnitude estimate and is prepared when little or no design information is available.

*Class 5 estimates, as defined by the AACE 18R-97, are prepared for strategic business planning purposes.

 

Cost Estimate

Specification

Functional Design Specification should contain functional, non-function, software, database and UX/UI details

Design

MVP – Minimum Viable Product. A Basic User Interface. A Polished User Interface.

Development

Small has 4-5 key pages/features. Medium has 6-9 key pages/features. Large has 10-15 key pages/features

Users and Accounts

User Generated Content

Dates and Locations

Social Media and Engagement

Billing and eCommerce

Admin, Feedback and Analysis

External APIs and Integrations

Security

Total£

Cada Global project management identifies the client needs and the larger business objectives that an application or feature will fulfil and manages what success looks like for a product and the team that turns the vision into reality.