Making estimation easier and better
Learn how to refine your estimations – read more to master agile project forecasts.
Introduction
Over the years agileKRC has helped many organizations with their agile transformation. We closely analyse the problems these organisations face with their projects and the way they work.
One of the most common problems they face is estimating.
So, with estimation we need to find a way. It is hard but we need to deal with it. We need to attack it. At agileKRC we get organisations to address this by looking at five key areas.
- Look at the components of an estimate.
- Add confidence levels to your estimates.
- Blend relative estimations with actual results from previous estimations.
- Use the right technique at the right time.
- Get ‘nerdy’. It may not look good in your office to be really into estimation when you start to get great results it will look good.
Video
In this video, Keith Richards, the Founder of agileKRC explains the basics of agile estimation, why it is so difficult, how to start relative estimating, and whether story points are useful when estimating.
The topics Keith covers include:
- Why is agile estimation so difficult?
- What are the basics of agile estimation?
- How do you start to do relative estimation and why should you use it?
- Getting the balance between predictive approaches and evidence-based approaches
- Story points – a great idea or just a distraction?
Download PDF
To see a PDF version of the presentation used in this video, click the button below.
Making estimation easier with enhanced estimation methods
Making Estimation Easier means using enhanced estimation methods and tools to streamline project management tasks. Agile teams often rely on estimation techniques like the Fibonacci sequence, user stories, and subtasks to make estimation easier. Choosing an easier method of estimation helps make accurate estimates and keeps cost and budget under control.
Estimating made easier for developers and managers
When estimating made easier, developers and managers can break down complex tasks into smaller items. This estimation process is simplified by using estimation made easy tools, such as Delphi or Scrum, to provide better estimates. Effortless estimation making allows stakeholders and clients to understand the assumptions, units, and values involved in each project phase.
Facilitating estimation and improving accuracy
Facilitating estimation requires knowledge of the background, content, scale, and complexity of tasks. Making efficient estimates means collecting data, using reference values, and allowing feedback to improve accuracy. Estimating made easy involves open discussion, learning from past projects, and making estimation fast and more convenient for everyone involved.
Simplifying estimation for better planning
To simplify estimation, use estimation methods that fit the project’s size and level of detail. Estimation made easier helps reduce risk, increase confidence, and produce correct, highly accurate estimates. Streamlining estimation also supports better planning, tracking, and decision-making for both developers and managers. Making estimation simple is important to keep stakeholders informed and projects delivered on time.