Estimating, as we know, is the process by which we attempt to determine how long our project will take and how much it will cost.  Estimating is a very difficult business and a top reason for project management and project failure.  As project managers we’re about as good as our last estimates, illustrated by this sobering graph representing time and cost:



A recent PMI survey revealed that the top measures of project management success still include “completed on time” and “completed within budget”.  So, like it or not, our performance as project managers is considerably determined by estimates.  Hence the expression “deadlines.”  Of course the answer is not simply to add some arbitrary fat, since this practice may then preclude our project from selection or deny other worthwhile projects the light of day.  Nor should we deliberately under … Read More »


My latest thoughts on Project Management and life.

Business Analyst (BA) and Analysis

To survive or preferably thrive, organisations cannot stand still. They must evolve and progress to remain alive. Such evolution and progress requires projects. And...

Free Book: “Managing Smaller and Medium-Sized Projects” by Dr Jim Young PMP

I acknowledge with sincere appreciation the contributions to this book from numerous clients, student, colleagues, friends and project management practitioners. Their sometimes unwitting input...

The “Lean” Project

Lean is an often-used adjective in business these days, but there’s some confusion over its exact definition. In essence, the goal of Lean is...