Project Management Investigate

Improving Project Estimation Effectiveness

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Executive Summary

The three pillars for the success of any project are cost, effort and quality. The foundation of these pillars is based on estimation technique used for the project. However, historically it has been observed that lots of projects experience cost, effort and schedule overrun or poor quality. In most of cases, the project end up taking alternate paths to fulfill the budget constraint and ends up delivering an inadequate product/application/service. The authors attempt to address the above factors based on author's vast experience in the field of project management and best practices learned while working for Fortune 500 companies in the capacity of project manager.

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