Estimate - What is a good estimate?

Q: What is a good estimate?

Summarizing, a good estimate is one that supports a project manager in successful project management and successful project completion. A good estimation method is thus an estimation method that provides such support, without violating other project objectives such as project management overhead.

Answer

If a project manager wants to successfully manage and finish a project, they need an accurate estimate. Therefore, an effective approach of estimating is one that gives this kind of help without compromising other project goals, such the overhead associated with project management.

Estimate - What is a good estimate?

Other useful ERP terms

AI suggestions