One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...
The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...
The purpose of the estimate is two-fold. First, it allows the contractor to enter into a contractual agreement with confidence. Second, it provides an organized, detailed plan to execute the project ...
Project managers are asked to provide effort, duration, and cost estimates as a primary part of our jobs. You know then, that the estimation process is partly an art and partly a science. However, ...
Use this process to estimate a project’s effort hours Your email has been sent Editor’s note: This article was originally published December 11, 2006. There are three early estimates that are needed ...
Last week I received a question about project estimation. If you’re part of a next-generation IT group, project estimation is a critically important capability. If, on the other hand, you’re part of a ...
While cloud computing and the abundant project data it provides have transformed everything from construction management to conceptual design, preconstruction estimating remains stubbornly unchanged, ...
Properly estimating a Java development project is both an art and a science. Since Java and the J2EE specification are built for enterprise-class solutions, it only makes sense to take an enterprise ...
In my September column, I outlined what not to do when trying to set up a commercial HVAC/plumbing estimating department. Using the worst remembered anecdotes and emotional souvenirs, I reviewed the ...
Twenty years ago electrical contractors had no alternative but to run their businesses the old-fashioned way using their heads, hands, hearts and calculators. While the personal computer stood in the ...