Project Management: Leading Change
Do you often feel like you are chasing your tail when asked for project estimates? Is your usual estimating technique pulling a number out of the air? Do you find yourself working evenings and weekends to meet unrealistic due dates? If you answered yes to any of these questions read on to learn several project estimating techniques and enhance your ability to produce realistic and achievable estimates. In this article you will learn a particularly valuable technique (i.e., Decomposition / Detail Definition) that produces the most accurate estimates AND is defensible if challenged. People using this technique often discover they need two to three times more time to complete an activity than their intuitive/rough estimate. The only way you can get a better estimate than using this technique is to wait until you have finished and use your actuals!
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