To summarize some key points:

• estimates are really management targets;

• collect as much information about previous projects as possible;

• use more than one method of estimating;

• top-down approaches will be used at the earlier stages of project planning while bottom-up approaches will be more prominent later on;

• be careful about using other people's historical productivity data as a basis for your estimates, especially if it comes from a different environment (this includes COCOMO!);

• document your method of doing estimates and record all your assumptions.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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