Estimation (project management)
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Estimation within project management (e.g., for engineering or software development), are the basis of sound project planning. Many processes have been developed to aid project managers in making accurate estimates.
- Analogy based estimation
- Compartmentalization (i.e., breakdown of tasks)
- Cost estimate
- Delphi method
- Documenting estimation results
- Educated assumptions
- Estimating each task
- Examining historical data
- Identifying dependencies
- Parametric estimating
- Risk assessment
- Structured planning