The important work in software development process is to develop projects within estimated time and cost. As accuracy and effort plays a vital role for software development system. Several techniques are available for effort estimation. Now it is a big question, which method is worth for the estimation. Ap-proach: The Question then became how to enable the estimation using several techniques. In this paper we perform the performance study of object point method and use case method to make an intelligent application for the purpose of effort estimation. On the basis of the following parameters in terms of SLOC, complexity, productive rate the performance study of these methods is accomplished. Conclusion: This study discussed all the points above, identity open problems and future research directions in the field of software effort estimation.