Many methods have been proposed to estimate how much effort is required to
build and maintain software. Much of that research assumes a classic'' waterfall-based approach rather than contemporary projects (where the developing process may be more iterative than linear in nature). Also, much of that work 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 these drawbacks, we apply a configuration technique called ROME’’ (Rapid Optimizing Methods for Estimation), which uses sequential
model-based optimization (SMO) to find what combination of effort estimation
techniques works 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 existing state-of-the-art
methods for both classic and contemporary problems. 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
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.

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