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Cost Estimation: Why it Matters



Good cost estimation is a critical function to successful project planning, but is often overlooked. Here I'll illustrate best practices in applying cost estimation.



Published: Thu, 26 Apr 2018 11:05:26 +0000

 



No help from the Audience

Tue, 01 Jul 2008 12:41:17 GMT

I am still toiling away on some thought leadership on the relationship between VAL IT and Cost Estimation. My research indicates that at its very core, VAL IT consists of good Cost Estimation techniques. Anyone disagree??????



Val IT and Cost Estimation

Fri, 20 Jun 2008 12:53:22 GMT

I am doing some research on the relationship between Cost Estimation and ISACA's Val IT. Do any readers have an opinion on the cost estimator's role in the Val IT process?



Organizational Capacity and Cost

Fri, 06 Jun 2008 10:22:32 GMT

I am quite interested in how much team capacity affects cost. This is tough to quantify since ideas like cohesion and even experience can be intangible. So let me throw some characteristics and please let me know how you measure them and how you measure their effect on IT project costs: 1. Team Cohesion 2. Organizational Productivity 3. Individual experience 4. Team Experience



Cost Considerations When Choosing Software

Fri, 30 May 2008 10:25:41 GMT

This is another question for readers. When purchasing a new software item, what are your cost considerations?



Health IT - The Next Big Thing

Tue, 20 May 2008 12:07:20 GMT

I have a strong background in Health IT. I feel as though this is an area in the IT sector that still is in its infancy. As with any other IT fields, Cost Estimation will be absolutely critical. But I think that Health IT will provide a unique sizing opportunity.



Alignment of Business Objectives and IT - Part 2

Tue, 20 May 2008 11:54:48 GMT

Again what is critical is the Total Cost Ownership. The Project Manager must consider the activities involved in each product and the necessary resources needed for those activities.



Alignment of Busines with IT, Part 4

Mon, 19 May 2008 10:02:09 GMT

This is my fourth and final blog on the subject. In this entry, I will talk about using cost estimation in post-project auditing to align business and IT objectives.



Alignment of Business Objectives with IT-Part 3

Fri, 09 May 2008 14:10:43 GMT

This week, I will discuss change control analysis and its relationship with the alignment of Business Objectives and IT. Again, I think Cost Estimation underpins this relationship.



Alignment of Business and IT through Cost Estimation, Part I

Fri, 18 Apr 2008 11:51:04 GMT

My central thesis was that Alignment between Business and IT is critical and the primary means of achieving alignment is through cost estimation...



Introduction - Cost Estimation Blog

Fri, 11 Apr 2008 11:10:14 GMT

As a consultant, I have come to see the value in cost estimation.