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Project estimation guidelines  

Project estimation guidelines


Project estimation guidelines are what necessary to outline before to get into project planning, and then to observe during this process. Definition: it is the process of describing project in terms of qualitative and quantitative parameters (usually time and costs), predefining goals to follow while performing the actual job. Project estimate definition: it is the chart describing costs, time and other parameters in regard to separate project elements and the entire project. Project estimating guidelines describe what should be taken into account while creating this chart and planning costs & time for different project elements.

Those guidelines can be composed according to PM best practices; so many common mistakes can be avoided in the bud. There are special trainings and seminars dedicated to certain specific types of projects. Sometimes, the subject of such project estimating trainings is using special software for facilitating project planning, so let’s consider one of such programs.

VIP Task Manager is real-time teamwork software for planning and controlling different projects through using different adjustable modes (timeline, calendar, task tree, to-do list) and analyzing performance of your workgroup in order to identify project evolution, to realize the guidelines, to control costs and team efficiency.

Action plan

To set guidelines for your project do the following:

  • start your project planning software
  • use Task Tree to break-down your projects into doable activities
  • plan to-do lists and set action plan goals
  • plan costs, set priorities and assign tasks to performers
  • control performance parameters

CentriQS Reporting Tasks Solution

CentriQS offers several tools for task reporting. Users can work with Pivot grid, generate charts and use Time Logs view which lets filter, group and sort time logs for creating time tracking reports. These reports can be used for various purposes such as performance measuring, payroll calculating, client billing, etc.

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