Estimating: The Best Technique of All: Estimating is tricky for project managers because the customer wants it fast and cheap and you want your team to be committed to the numbers. Both audiences are concerned with risk that is always present on a project. Either the risk of finishing late or the risk of being blamed for it. The best approach is to quantify both the estimate and the risk of not hitting it . The technique of 3-point estimating (from the NASA space program) lets us estimate with the team in a process where they can communicate the risks they see on their assignments. It also lets project managers give sponsors the opportunity to decide what level of risk the want to run.
DIGITAL JUICE
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