Thursday, June 14, 2007

estimation blues

"Accuracy of estimation is directly related to the parameters you consider in estimations "
Rajesh actually nails that pretty well in his posting !!
I would also like to add, that most PM forgot the talent management aspect during estimation. How much of time do I need spend to convert "a resource" and obtain a buying during project execution. Normally resources are thrown in and then management of these resources are based on time/cost parameters and hardly any consideration is given to the fact that one needs to develop the resource towards the ultimate goal of the the project and vision statement of the project. 
Keeping talent development as a parameter fosters a culture of growth on every project. Thus leveraging the business Mission on the long run. And, that's strategy execution alongside projects :)-