http://blogs.circlesource.com/2009/04/06/368/ CircleSource Technical Talent ShowCase Thu, 25 Feb 2010 15:22:13 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://blogs.circlesource.com/2009/04/06/368/comment-page-1/#comment-142 Maqbool Patel Tue, 14 Apr 2009 03:42:49 +0000 http://blogs.circlesource.com/?p=368#comment-142 Estimation of efforts is extremely critical to success of any project at all levels. We provide estimates during sales cycle to give the customer a ball park figure on the cost and efforts. Usually at this point the requirements are not fully developed and understood and hence the estimates are also pretty high level with some margin of error. As the requiems get more refined as the project proceeds, the estimates become more accurate with the margin of error becoming smaller. As we progress in the project the key, as noted by Sanchit, is to keep the communication channel open with the customers. Ultimately, the goal is to get as accurate estimates as possible. Although this is a utopian goal, nevertheless a goal every organization needs to have. Estimation of efforts is extremely critical to success of any project at all levels. We provide estimates during sales cycle to give the customer a ball park figure on the cost and efforts. Usually at this point the requirements are not fully developed and understood and hence the estimates are also pretty high level with some margin of error. As the requiems get more refined as the project proceeds, the estimates become more accurate with the margin of error becoming smaller. As we progress in the project the key, as noted by Sanchit, is to keep the communication channel open with the customers. Ultimately, the goal is to get as accurate estimates as possible. Although this is a utopian goal, nevertheless a goal every organization needs to have.

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