Web Project Template Files: Project Definition and Start Up Authors: Sonia Kay, Econsultancy and other expert contributors Title: Effort Estimate
About this Guide
An estimate for any project is always going to be based on a number of assumptions. It takes experience to be able to estimate accurately, and even then there will be events throughout the lifetime of a project which will threaten your attempts to stay within budget.
This template is designed to provide assistance in this sometimes daunting task. Following on from your WBS, use this spreadsheet to list out each task and input three estimates of the man hours involved ranging from optimistic, to most likely, to pessimistic. The spreadsheet contains a formula which will output a weighted average, biased towards your most likely scenario.
We’d like to thank Rob Purdie of Important Projects http://importantprojects.co.uk for providing this template. Important Projects is a values-led project management consulting and training practice focused on helping social change organisations manage their most important programs, projects and ongoing operations more successfully and effectively.