How to Choose the Right Project Estimation Tool for Your Team
Let's Get Real: Estimating Projects Shouldn't Feel Like Guesswork You know, you sit in one of these project kick-off meetings, and you say, How are we even getting these numbers? -- never mind, you are not the first. It can be said that one of the most difficult things in the operation of a project is the estimation part of the project, and once this part goes out of hand, everything appears to be in the same boat as well. Here's a not-so-funny (but a little scary) fact: The Project Management Institute estimates that almost 30% of projects don't make it because they were based on bad cost estimates. That's tons of time, money, and effort wasted—because the numbers weren't good to begin with. That is precisely why there are Project Estimation Tools . These tools aim to remove the stress and the uncertainty from planning. They enable your team to predict costs, resources, and timelines more confidently and more clearly. Simply put, they enable you to plan better ...