A Comprehensive Guide to Effective Project Estimation

Product Management Tech Brief By HackerNoon

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Project estimation is a critical aspect of successful project management. In this guide, I'll explore effective strategies for mastering project estimation.
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Mastering project estimation is crucial for successful project management, yet 91.5% of projects face overruns. This guide goes beyond traditional practices, exploring the dual-point estimation approach, understanding the client's perspective, and delving into factors beyond development time. From optimistic scenarios to realistic estimates, learn to factor in communication, testing, deployment, amendments, and environment. Enhance your project estimation skills for on-time, on-budget project delivery, and increased success rates.