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Software Development Estimation

We know you need clarity before investing months of work. TechVision provides accurate software development estimates so you can get a realistic understanding of what your product will take to build. Our team analyses your requirements, reviews the technical details, and gives you an estimate of the budget and delivery time you should prepare for.

Key Stages of Estimation Process

Understanding the Idea

Understanding the Idea

Our software project estimation process begins with learning what you want to build and why it matters. We discuss the user experience you want to achieve and the problems your product is meant to solve. This stage helps us understand the context and turn your ideas into something concrete enough for analysis.

Clarifying Business Goals

Clarifying Business Goals

At this point, we discuss your business goals for the project and how you're going to measure success. These conversations often reshape the initial assumptions and reveal priorities that were not obvious at first. Clear business goals allow the team to evaluate the scope with a realistic sense of direction.

Research & Validation

Research & Validation

Once the goals are clear, we explore the market, analyse existing solutions, and identify the constraints your product will have to work within. Research helps validate the feasibility of the project and highlights potential risks early on. It prevents unrealistic expectations and gives the estimation process a well-grounded base.

Defining the Solution Vision

Defining the Solution Vision

Here, we start shaping a more structured view of your future product by outlining core features, describing user flows, and sketching how the system might behave. The goal of this stage is to form a vision clear enough for the estimate to be accurate rather than speculative.

Building the Estimation Framework

Building the Estimation Framework

Our team breaks the scope into stories and tasks, assigns story points by evaluating their complexity, and then proceeds to effort estimation. We consider technical risks and dependencies and assess different scenarios to understand how they may affect the work. By the end of this stage, we have true size estimates that reflect the real project scope.

Presenting Time & Budget Range

Presenting Time & Budget Range

Finally, everything is compiled into a straightforward estimate. You receive a clear explanation of costs and timeline expectations. This is also where we highlight risks, offer alternatives, and discuss what can be done in phases if needed. The final range gives you a realistic foundation for planning the next steps.

How TechVision Approaches Estimation

“Hi guys, so here is my idea of an app. How much would it cost and how soon can I get it?”

In that form or another, this is a pretty frequent request we get during initial meetings with potential clients. However, software development estimation isn’t as simple.

To answer this properly, we first need to clarify how collaboration with a technology company typically works. At a high level, a technology company usually offers two cooperation models: team extension or a full technology partner. The first option gives you a skilled team that delivers the features you decide to build. The second option is closer to a business-to-business partnership, where the technology partner helps shape the solution so it aligns with your real business needs. Both models have their own aims, and TechVision works effectively with either scenario.

Still, when it comes to software project estimation, we act as a technology partner. Of course, as a technology company, we can build a perfect solution from a technical standpoint and follow every specification, but that alone doesn’t guarantee the product will meet the real needs of your business. In that case, neither side benefits.

That’s why we focus first on understanding the problem you want to solve, the restrictions around possible solutions, and whether the proposed path aligns with the outcomes your business expects. Only then can we recommend the right approach, propose a solution that makes sense, and discuss realistic software project budget estimation and team composition.

From Uncertainty to Clarity

Another typical question is “Why can’t a cost be precise from day one?” The simple answer is uncertainty. Every project begins with assumptions, which turn into concrete facts through Discovery. The graph below illustrates the cone of uncertainty across the three stages we follow to provide clear and reliable estimates.

The Role of Pre-Discovery and Discovery

Why We Start with Pre-Discovery

When we first meet a client, we are still at the wide end of the cone of uncertainty. Initial estimates can swing in both directions, in some cases up to four times above or below the final number. This happens simply because the solution concept may not be fully formed or validated yet. Without enough clarity, there are too many risks, assumptions, and unknowns that can influence the development effort, and we cannot foresee all of them at this early stage.

What Happens During Pre-Discovery

The Pre-Discovery phase is a short but important checkpoint where our team and the client’s team get aligned. We discuss your goals, explore the business context, and assess how prepared the solution idea actually is. This early step allows us to see whether our expertise is the right match and what needs to happen next so that the future solution not only reflects the client’s wishes but also serves the real needs of the business.

Expected Outcomes of Pre-Discovery

By the end of Pre-Discovery, we have the following outcomes:

⚪ Business goals elicitation

⚪ Customer journey mapping

⚪ Market problem research

⚪ Architectural drivers definition

⚪ Competitive analysis

⚪ Problem definition

After this phase, the accuracy of the estimated effort usually improves to a range of 0.5x-2x, meaning we are much closer to understanding the real scope.

When We Move to Discovery

Discovery requires a dedicated team and active involvement from the client’s side. We suggest moving to Discovery when:

⚪ The solution vision is still vague or exists only as an idea

⚪ Requirements are not clearly defined

⚪ The client’s team lacks technical, business analysis, or UX design expertise

⚪ A fast and accurate assessment of the solution is required

What the Discovery Phase Includes

Although the steps inside Discovery might vary depending on how mature the client’s idea is, a typical track includes:

 1. Use cases elicitation

 2. Requirements specification

 3. Quality attributes workshop

 4. Architectural design and trade-off analysis

 5. Integration and transition requirements

 6. Value proposition validation

 7. Solution concept

 8. Solution scope and prioritization

Deliverables After Discovery

At the end of the Discovery phase, we present a clear plan for moving forward. You receive the proposed team composition, a time frame with best- and worst-case scenarios, and a detailed budget. We provide range estimates because every solution is unique and small changes are inevitable, and we prefer to be transparent about that rather than hiding risks inside the price. By this stage, however, the range becomes much narrower.

Success Stories

TechVision has a proven track record of successfully completed IT projects. We have built solutions for clients in healthcare, education, insurance, fintech, and logistics that deliver real value. Each of our software engineering projects went through a careful estimation stage, which helped the teams understand the true scope of work, identify risks early, and choose the right approach.

How Software Project Estimation Works

1

Share Your Idea or Brief

The process starts when you share what you want to build. It may be a short description, a few sketches, a detailed brief, or anything that helps us understand the problem you want to solve and the context around it.

2

Alignment Call / Discovery Interview

We set up a discovery interview to clarify details and fill in the gaps. This call helps both sides understand whether the idea is ready for deeper analysis or whether it still needs shaping.

3

Technical & Business Analysis

Our team reviews the idea from the technical and business perspectives. We look at how the solution might work on a practical level, what limitations could appear, and what assumptions must be validated.

4

Project Planning and Estimation

Lastly, we move to planning and calculating the effort behind the work. At this stage, you get a clear view of the expected timeline, the team composition, and the budget.

Technologies We Use

We use a solid technology stack that helps us build high-performing solutions for a wide range of business needs.

Back-end / Platform:
Java

Java

.NET

.NET

Python

Python

Node JS

Node JS

C sharp

C sharp

Java

Java

.NET

.NET

Python

Python

Node JS

Node JS

C sharp

C sharp

Front-end / Mobile:
React

React

Angular

Angular

Vue JS

Vue JS

Flutter

Flutter

Android SDK

Android SDK

React

React

Angular

Angular

Vue JS

Vue JS

Flutter

Flutter

Android SDK

Android SDK

Frequently Asked Questions About Software Project Estimation

Below are answers to common questions about software project estimation. They explain how estimates are calculated, what affects accuracy, what deliverables you receive, and how to use an estimate for planning next steps. The information reflects a practical, experience-based approach to estimation and is intended to help you make informed decisions before starting development.

How do you calculate the cost of a software project?

To provide a cost estimation for a software project, we break the solution into smaller components, review the complexity of each, carry out risk assessment, and estimate the hours different specialists will need. After that, we apply the relevant rates to calculate the budget.

What factors influence the estimation accuracy?

The accuracy of software development estimation depends on how much we know at the beginning. The more mature the idea and requirements are, the narrower the estimate becomes. Conversely, unclear features and early assumptions tend to widen the range.

How long does the estimation process take?

In most cases, the estimation process takes a few days to several weeks, depending on how much discovery and analysis the solution requires.

What deliverables will I get after the estimation process?

This usually includes a breakdown of the scope, a list of assumptions and risks, the proposed team composition, and range estimates for the timeline and budget.

What makes TechVision's estimation approach different from other vendors?

We act as a business partner rather than a purely technical one. Instead of focusing only on specifications, we examine whether the solution makes sense for your business. This approach helps avoid situations where a product is built correctly from a technical standpoint but fails to serve its real purpose.

Can you estimate MVPs, redesigns, or partial feature updates?

Yes. Our team specializes in accurately estimating various types of digital solutions, including MVPs, redesigns, and partial feature updates.

What happens after I receive the project estimate?

Once the estimate is ready, you review the scope, the assumptions, and the proposed project plan. If everything looks right, we discuss scheduling and team availability. Some clients choose to refine the scope further, while others proceed directly to development.
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