Estimating in Steps
Explore step-by-step Agile estimation techniques including gathering initial project requirements, converting them into work items, estimating their size with the team, and determining velocity to translate these estimates into project duration and resources. Understand the challenges and limitations of estimating in hours and why collaborative and flexible approaches improve accuracy.
Steps for project planning
In our opinion, a good estimate for a reliable quote or a good one. The project plan consists of the following four steps:
Requirements gathering
Set the preliminary requirements for the project for now because new requirements will emerge and existing requirements will change during the project. Always give an estimate with a margin at the start of a project. Note that the degree of uncertainty, and hence the margin, decreases during the project. There’s actually only one moment when the margin is zero. This is at the end of the project.