Abstract: The cost of developing the software from scratch can
be saved by identifying and extracting the reusable components from
already developed and existing software systems or legacy systems
[6]. But the issue of how to identify reusable components from
existing systems has remained relatively unexplored. We have used
metric based approach for characterizing a software module. In this
present work, the metrics McCabe-s Cyclometric Complexity
Measure for Complexity measurement, Regularity Metric, Halstead
Software Science Indicator for Volume indication, Reuse Frequency
metric and Coupling Metric values of the software component are
used as input attributes to the different types of Neural Network
system and reusability of the software component is calculated. The
results are recorded in terms of Accuracy, Mean Absolute Error
(MAE) and Root Mean Squared Error (RMSE).