Friday, July 21, 2006

Estimating Project Times and Costs

What is Project’s Estimation?

The project’s Estimation means: build the assumptions, conditions and situations of the amount of cost, time, and resource for our projects in the future. Base on those estimations, we not only can make decisions and measure our tasks, but also we can assess our management jobs with that project.

The information from the estimation help to build the project and forecast the contingencys can be happen when we apply that project. From that estimation we have good preparation for any situation in the future.

What are requirements for Project’s Estimators?

The Estimators Who must have knowledge and experience in that field to estimate the amounts of cost, resource and time similar with the real amounts.


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