Abstract: Software effort estimation is the process of predicting
the most realistic use of effort required to develop or maintain
software based on incomplete, uncertain and/or noisy input. Effort
estimates may be used as input to project plans, iteration plans,
budgets. There are various models like Halstead, Walston-Felix,
Bailey-Basili, Doty and GA Based models which have already used
to estimate the software effort for projects. In this study Statistical
Models, Fuzzy-GA and Neuro-Fuzzy (NF) Inference Systems are
experimented to estimate the software effort for projects. The
performances of the developed models were tested on NASA
software project datasets and results are compared with the Halstead,
Walston-Felix, Bailey-Basili, Doty and Genetic Algorithm Based
models mentioned in the literature. The result shows that the NF
Model has the lowest MMRE and RMSE values. The NF Model
shows the best results as compared with the Fuzzy-GA based hybrid
Inference System and other existing Models that are being used for
the Effort Prediction with lowest MMRE and RMSE values.