Estimating and resourcing
What is this about and why is it important?
Estimating is the process of determining how much time and resources a project requires. Resourcing is the subsequent process of identifying and allocating the right resources to a project. Estimating and resourcing regularly cause headaches for project managers. The practices often vary significantly from the theory and are the topics of many debates.
Being able to estimate the resources required to run a project and gaining access to those resources are central to managing projects. Without estimating, a plan is just a task list. When estimates are included it becomes a powerful tool for making commitments, prediction, measurement and control. What then makes the plan real ...