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Project time estimatiion

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Estimating project times and costs describe these methodologies. Articulate also how these methodologies can be used in the world of work today and how it can ultimately lead to a reduction in errors and a maximization of opportunity. Explore the methodologies that significantly reduced estimating error and how to develop a project schedule.

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This positing discusses project time estimation and developing a project schedule.

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The methodologies that significantly reduce estimating error are to specify the project goals. Next, to calculate correctly, all the stakeholders must be identified. Based on the project goals the final deadline must correctly be determined. To estimate the project times and cost accurately each task must be listed, a team member should be assigned each task and the due dates for each task must be specified. The project is organized in one common software and it is shared with the ...

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  • MBA, Indian Institute of Social Welfare and Business Management
  • BSc, University of Calcutta
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