Drake SettsuProject Manager / BloggerHi, United States
I prefer real time estimates. It allows me to allocate the necessary resources to hit the target date. The ideal time is not the ideal time for a PM most of the time. You need to pin the SME's against the wall to give you the real time estimate. The ideal time estimate is an estimate with no accountability. Saving Changes...
If working with traditional estimates, I always prefer effort. Otherwise, I prefer relative sizing and then map back to hours or dollars at an aggregated level.
I use bottom to top method to calculate activities and durations.
I consider usually some buffer, risk , delays in each tier of the calculation.
...
1 reply by Riyadh Salih
May 02, 2018 3:26 AM
Riyadh Salih
...
Kevin, I agree with you on bottom up will be more accurate more details but time consuming and costly so top down will give general guide line for budget
Saving Changes...
Dinah YoungProject Manager / Software Asset Manager| Prince William CountySpringfield, Va, United States
Real time with the appropriate buffers Saving Changes...
Senior Projects Manager | Field & Marten AssociatesNew Westminster, British Columbia, Canada
I’d rather have estimates in Real Time. Saving Changes...
Anish AbrahamPrivacy Program Manager| University of WashingtonAuburn, Wa, United States
I would go for real time estimates. Also, validate estimates using the results of lessons learned that were documented on prior projects. Saving Changes...
Kate LynskaTechnical Writer| Cimon.ioKyiv, Ukraine
I'd prefer real time as well. However, in our team we use "clean" and "dirty" hours simultaneously, which are a little different approach. Saving Changes...
Eric SimmsSenior Program ManagerBaltimore, Maryland, United States
I make realistic estimates based on the conditions that affect the task (such as knowing it will take 3 weeks for the external division to do their task, though the task could be completed in just 1 week). Saving Changes...
Product Operations Program ManagerBarcelona, Cataluña, Spain
Real time estimates.
In addition,using timewriting enables to build a database that shows the discrepancy between estimates vs actuals, which may be used for subsequent projects that have homologous activities. Saving Changes...