As Project Managers we are involved in providing project estimates almost all the time. I have recently been working on a lot of project estimates. While reading some of my favorite authors articles I found this article, “What Causes Bad Estimates…And What You Can Do About It” by Dr. James T. Brown both relevant and timely.
Do you give in to the pressure to underestimate the project so the project is either sold or moves forward or do you stand your ground and communicate what it actually takes to make the project successful? I would love to hear what others think about the practice of providing estimates.
Al Senzamici, PMP