Component Based Software Engineering (CBSE)is a new and emerging paradigm in software development, which, if performed correctly promises to deliver shorter development time and cost savings for the overall development process.The following research aims to evaluate the state of CBSE in Metropolitan Jamaica in terms of financial gain and development time. The findings of the research can be used to inform and educate IT professionals, researchers and anyone who may be interested in the area of CBSE, of the many benefits associated with the paradigm. Further recommendations can also be made in an attempt to increase the amount of reuse presently practiced in software development companies in metropolitan Jamaica and consequently increase the productivity of the companies.

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