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How to Deal with Estimation Problems in Agile Teams

Scrum.org

Here are some tips on how Scrum Masters can balance team psychology safety with management pressure on estimation: Build trust with the team Building trust is essential to team psychology safety. Emphasise the importance of allowing for uncertainty and adjustment during the Sprint instead of demanding precise estimates upfront.

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Top-Down Estimating: A Comprehensive Guide

Teamweek

Top-down estimating is a form of estimation where existing knowledge of similar projects is used in the estimation process to produce a ballpark figure for the total cost. Like other methods to estimate a new project’s cost , top-down estimation has advantages and disadvantages. What is top-down estimating?

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Influencing the eternal optimism of a delivery team

Kiron Bondale

If it is a team which regularly completes more work than was forecast, this could be the result of traditional management oversight causing team members to act very cautiously when estimating their work.

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10 Ways to Engage Project Stakeholders

Project Risk Coach

Which stakeholders have the most power and influence? Let’s look at some practical ways that you can better engage and influence your project stakeholders at the right times in your project lifecycle. Engage your stakeholders in the estimates. Ask the people that will do the work for estimates. Work WITH your team.

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Three Tips for Recognizing the Influence You Have

International Institute for Learning

By Vanessa Bohns Vanessa Bohns, Author of You Have More Influence Than You Think , and Professor of Organizational Behavior at Cornell. Adapted from Don’t Underestimate Your Influence at Work, published in Harvard Business Review, January 6, 2023 ( [link] ) Most people chronically underestimate their influence.

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What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

Businesses can’t influence the latter but can have some influence on the former, which includes labor, raw materials and subcontracting. A cost breakdown structure is a vital tool when managing the financial aspects of a project and helps to not only create a project estimate but also how to create measurable cost controls.

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Can Project Duration Estimation be done without Assumptions?

MPUG

That is why duration estimation is one of the most important aspects of project management. In most real life scenarios, clients and mangers are reasonable, giving us some freedom to determine duration estimates for doing our tasks, but this can create other problems. The Estimation Problem. Can there be “exact estimates”?