Most important reason for project failure is poor effort estimation. Software development effort estimation is needed for assigning appropriate team members for development, allocating resources for software development, binding etc. Inaccurate software estimation may lead to delay in project, over-budget or cancellation of the project. But the effort estimation models are not very efficient. In this paper, we are analyzing the new approach for estimation i.e. Neuro Fuzzy Inference System (NFIS). It is a mixture model that consolidates the components of artificial neural network with fuzzy logic for giving a better estimation
