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Estimation & Budgeting

Planning Your Project

Software Project Estimates are Not Budgets, and That Matters

Estimates and budgets are not the same. Treating an estimate as a budget for a software project can result in a whole host of problems.
Project & Team Management

Estimating Software Budgets – Don’t Confuse Precision with Accuracy

When it comes to estimating custom software projects, detailed line-item estimates are essential, but they're not enough.
Project & Team Management

Software Project Estimates – When, Why, and How?

Three excellent times to estimate, why each is valuable for estimation (or re-estimation), and how you can come up with an estimate.
Project & Team Management

Better Project Budgeting with the SUMIF Function

Your spreadsheet's SUMIF function is super handy when budgeting for a project. It can show you, at a glance, how the costs of different features add up.
Project & Team Management

How to Estimate an Agile/Scrum Story Backlog with Points

A step-by-step overview of the tools and processes you need to do a points estimate of a project backlog the Agile/Scrum way.
Project & Team Management

Get Better Software Estimates by Combining Different Perspectives

There's no silver bullet approach for estimation. But if we attack the problem from several different angles, we'll arrive at a range we can trust.
Project & Team Management

Why Estimate Bugs and Chores in Your Backlog?

Points don't represent value; they represent cost. When a team estimates a backlog item, they are reasoning about its cost, its time to implement.
Project & Team Management

Making Smart Assumptions in a Project Budget

Making assumptions on a project budget is not necessarily a bad thing. Just make sure you back them up with research and validate them along the way.
Project & Team Management

Breaking Your Budget into Categories

A budget can be made up of many different components—some of which have nothing to do with actively creating features and are instead for upfront processes.
Project & Team Management

5 Tips for Estimating at the Point of Maximum Ignorance

Estimating unknowns and what-ifs is difficult, but it's not impossible.
Planning Your Project

Creating High-Value, User-Focused Software Requirements

Don't get bogged down in details when creating an initial software requirements specification. Answer these questions, then define it further.
Choosing Your Team

Why You Should Trust Your Software Vendor – From a Guy who Fears the Mechanic

Buying custom software services can be scary, since the knowledge imbalance between you and your vendor can put you at risk of being taken advantage of.

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