I have been estimating projects for eleven years, so I’ve collected a lot of data on how long it takes to complete a variety of technical documentation and training development projects.
I track the hours worked on every project. At the end of the project I compare the actual hours worked against what I estimated and put this information in a spreadsheet. If I notice that my estimated hours on projects of similar type are consistently off target then adjust how I estimate that type of project.
However, estimating is not only about knowing the right formula. Over the years I’ve learned what information and what questions to ask to create an accurate estimate.
In the next several blog posts I am going to share the information that I’ve collected these past eleven years. Today, I will get right to the point and provide the formulas that I use for estimating how long a project will take to complete. In other posts here’s what you can expect:
Tags: classroom training • Documentation • elearning • estimating • formulas • training • Uncategorized