Sunday, August 15, 2010

BUS 528 Project management.-Chapter 7&8

Chapter 7

How close do we estimate the resource in the project compare with in the realistic is the fact that could cause the project No go/delay/fail.

of course it is nearly impossible to calculate like 100% as in the realistic. but what we can do is to have adjustment during the monthly/quarterly meeting. This is one way to make sure everyone is on the same page, know the project progress.

Chapter 8

How to estimate the time to complete is critical, here are some ideas.

Identify Deliverables

Break It Down
-Project Planning
-Design
-Testing

Add in a buffer

There are of course few uncertain factors. But The more time estimates you do, the more accurate you will be.

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