Once this step is done, it is time to move on to dividing the project into smaller chunks. Project requirements help us a great deal with this step, so we make sure to keep a close eye on it. Who should be included, which technologies shall we use. The second step is to determine how complex the project is. The first step is to evaluate the entire project – what we need to do as a team. In order to do this as efficiently as possible, there are several steps we make sure to complete. They do it by carefully discussing and going over each and every part of the delivery process. The role of our project managers is to help our teams estimate accurately by implementing different project management estimation techniques. How do we solve the estimation problem?Īt Eton Digital, we pay close attention to both time and cost estimations. And this is equally important for both the company you hired and yourself. There are deadlines to be met and contracts to be executed. It also includes having a clear idea when a project is supposed to be finished. The answer is fairly simple – the team you hired doesn’t want to spend 800 hours working on a project when you will pay for only 500 hours and the other way round – you don’t want to pay for 800 hours when they agreed to finish the project in 500 hours.Įven though this is an important issue, the main problem with bad estimation is not only about the financial part. If there is no clear schedule when something will be completed – how will you know when to expect a finished project? Why is estimation so important? It involves a quantitative estimate of project cost, resources or duration.Įstimation is especially important during project planning. So, how can you, as a client, make the right choice and select a company that will complete your project successfully and meet your business goals in agreed timescale? Estimation is the keyĮstimation is one of the key parts of any project. Yes, there are so many companies out there that claim to be the best, but not many of them have the necessary experience or knowledge to complete a project of every scope and complexity.Įspecially if your project is a demanding one that requires a multidisciplinary team of experts. Let’s face it, finding the best development company in the market has never been harder. Everything sounds perfect, but is it really that simple? Or should you pay attention to something else as well? You have a great idea for a project and you managed to find an experienced team to help you complete it.
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