Estimating the size of a project is an important part of the requirements capture stages of the project. Estimates should be based upon what the project is and should be multi-dimensional in describing the effort required to complete the work: the size of the product, the cost, the amount of time taken and the duration in man-hours, days, years.
Common Problems
Common Symptoms
Project work underestimated.
Project understaffed; staff burnout.
Project overstaffed, missing scope controls.
Project costs rise; long lead-time to delivery.
Inappropriate project schedule.
Missed deadlines; loss of credibility; lost opportunities.