What is project estimation?

Estimate (project management)

To estimate in general, see the least.

In project management (ie engineering), accurate estimates are based on sound planning of the project. Several processes have been developed to assist engineers in making accurate estimates, such as:

Estimation of measurement basis

Division (ie the collapse of the tasks)

Cost Estimating

Documenting the results estimate

Estimate each task

The study of historical data

Identify dependencies

Parametric estimation

Risk assessment

Orderly planning

Assessments popular software projects include:

Methodology event series

Function points

Poker Planning

Program evaluation and review technique (PERT)

Undersecretary of the building estimate (Probe) (Personal Software Process)

Game Planning (of Extreme Programming)

Weighted Micro Function Points (WMFP)

Estimate in Software Engineering

Estimating software development efforts

Comparison between the development of the program estimate

Cognitive bias

Decision making

Decision-making program

Work Breakdown Structure

1. CPM (Critical Path Method)

2. PERT.

3. Gantt chart.

it's an important prerequisite for project development management. while its building  the assumptions, conditions and situations of the amount of cost, time, and resource for our projects in the future. Base on those estimations, we not only can make decisions and measure our tasks, but also we can assess our management jobs with that project.

Project Estimation is a process which will aid a project in preparing workable estimates as a basis for project tracking.

A project estimation is a process to provide the estimated quantities of materials, cost and calculate the time required (duration) to complete the project. Accuracy of estimation can help to procure the material to copmplete the project on time and it help to develop the project planning schedules. 

A project estimates is a process that aims to provide a quantities of materials, cost and duration of the project. Accuracy of estimates can be develop through research, gathering data from previous projects and planning. An experience estimator is also a factor in the accuracy of estimates since he had an idea on other elements that affect the process.

calculation of variable and fixed overhead to finish a particular job within a time limit by considering all type of contigency factors.

Project Management is the process and activity of planning, organizing, motivating, and controlling resources, procedures and protocols to achieve specific goals in scientific or daily problems. A project is a temporary endeavor designed to produce a unique product, service or result  with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value.

As the team completes tasks each week, the uncertainty decreases and the estimatesbecome more accurate. A consistent requirement in these project estimatingtechniques is a clear and unambiguous scope definition. You also need measurable outcomes for all the deliverables and assignments in the project.