Project estimation is the first step towards making a
robust project management plan. Project managers spend a lot of time and effort
in carving out estimates and more often than not, these estimates just blow up
as they hit the execution floors. So how is planning and estimation different
in agile project management?
Before diving into the details let us understand the
common estimation approaches that are prevalent across organizations. All project
management teams end up with estimations that
aren’t in sync with the ground realities of project execution.
Why is it so?
·
Take a look at your last 3-5 projects and
find out who did the estimation?
·
Usually, it is an architect, a technical
project manager or a SME, who will in fact will not be “executing” or working
on these estimated deliverables.
·
And then there is the “customer demanded
deadline” which has no consideration of the actual requirements, project scope,
resource management and or project schedule management.
·
At times, even our customer facing teams are
at fault where they over promise to get that crucial deal!
·
Requirements aren’t finalized but an end
date is!
·
Clients and stakeholders keep changing the
project scope frequently.
·
Estimation was done with specific expert
levels in mind and now you have to work with less experienced resources
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