Now that we have an overview of the estimating techniques and methods that are available to us, and we have a feel for the estimating mistakes that are commonly made, let's review the estimating best practices of successful organizations and projects.
Estimating should be performed (or approved) by the person doing the work.
The two main reasons: more accurate estimates and higher commitment levels to the project.
As discussed in Chapter 6, if the work estimate is not less than this, it is a good sign the task needs further decomposition.
I have no doubt that these last two guidelines are common, everyday practice in your "real-world" experience.
A clear example of why leadership, negotiation, and communication skills are so important for project managers.
The Absolute Minimum
At this point, you should have a solid understanding of the following:
The map in Figure 7.4 summarizes the main points we reviewed in this chapter.
Figure 7.4. Estimating the work overview.
Part i. Project Management Jumpstart
Project Management Overview
The Project Manager
Essential Elements for any Successful Project
Part ii. Project Planning
Defining a Project
Planning a Project
Developing the Work Breakdown Structure
Estimating the Work
Developing the Project Schedule
Determining the Project Budget
Part iii. Project Control
Controlling a Project
Managing Project Changes
Managing Project Deliverables
Managing Project Issues
Managing Project Risks
Managing Project Quality
Part iv. Project Execution
Leading a Project
Managing Project Communications
Keys to Better Project Team Performance
Ending a Project