7 Reliable Ways to Improve Project Estimates
7 Reliable Ways to Improve Project Estimates By Harry Hall Once upon a time, I sat in the office of a CEO as he described ten years of late and grossly over-budget Information Technology...
Category: Cost Estimating
Common Project Manager Mistakes: #5 Assuming Estimates Can Be Right
Common Project Manager Mistakes: #5 Assuming Estimates Can Be Right By Samuel T. Brown, III, PMP, Global Knowledge Course Director and Instructor This article is part of a series. The previous article can be...
Which Is Better? A Budget with “Challenge” or a Budget with “Reserve”?
Which Is Better? A Budget with “Challenge” or a Budget with “Reserve”? By Timothy Prosser In the defense contracting world budgeting is typically done under a rigorous “earned value management system” (EVMS) that usually...
Agile Methodology – Agile Under a Firm Fixed-Price Contract (FFP)
Agile Methodology – Agile Under a Firm Fixed-Price Contract (FFP) By John Nelson In our first post on using Agile to develop better software and reduce risk, we discussed Agile in a general sense,...
The Best Approach To Estimation Is To Use More Than One Technique!
The Best Approach To Estimation Is To Use More Than One Technique! By Kiron D. Bondale A logical question when approaching any new project is “What is the best technique to estimate project effort...
7 Tips When Estimating a Project
7 Tips When Estimating a Project By Chrisitan Bisson Estimating a project is a very important part of your project, and can often be taken lightly. Truth is, if you avoid having good estimates,...
How to Achieve Accurate Project Time and Cost Estimates
How to Achieve Accurate Project Time and Cost Estimates By Paul A. Weber What are Time & Cost estimates? These are the project estimates in relation to how much time is required for your...
5 Tips for Efficient Budgeting Within Project Management
5 Tips for Efficient Budgeting Within Project Management By Cora Systems Organizations today are facing increasing pressures when it comes to their budgets around project management. There is a real need to only invest...
Estimating Is Often Helpful – Estimates Are Often Not
Estimating Is Often Helpful – Estimates Are Often Not By Esther Derby Recently, I tweeted, “Estimating is often helpful. Estimates are often not.” Several people asked, “How can this be?” Let me say more,...
How Accurate Is Your Actual vs. Planned Time and Costs?
How Accurate Is Your Actual vs. Planned Time and Costs? By Peter Collins With cost and efficiency dominating the corporate agenda in today’s constrained operating environment, the ability to compare and contrast planned versus...
