Estimation (project management)

Estimation (project management)

: "For estimation in general, see Estimation.

In project management (i.e., for engineering), accurate estimates are the basis of sound project planning. Many process which have been developed to aid engineers in making accurate estimates, such as
*compartmentalization (i.e., breakdown of tasks),
*parametric estimating,
*structured planning,
*educated assumptions,
*Delphi method
*identifying dependencies,
*examining historical data,
*estimating each task,
*documenting the results.

Popular estimation processes for software projects include:
* Cocomo
* Proxy Based Estimation (PROBE) (from the Personal Software Process)
* Wideband Delphi
* The Planning Game (from Extreme Programming)
* Program Evaluation and Review Technique (PERT)
* Event chain methodology

ee also

*Cognitive bias
*Estimation in software engineering
*Work Breakdown Structure
*Project management
*Software metric
*Wideband Delphi
*Guesstimate
*Ballpark estimate

External links

* [http://www.stellman-greene.com/aspm/images/ch03.pdf Estimation chapter from "Applied Software Project Management" (PDF)]
* [http://softwaresurvival.blogspot.com/2006/11/dynamics-of-effort-estimation-in-most.html The Dynamics of Software Projects Estimation]
* [http://www.estimator.in Estimator-Estimation Software]
* [http://www.intaver.com/Articles/RP_Art_Estimations.html Estimations in project management]


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