A well-researched and planned cost estimation and budget is necessary for the successful completion of any project. Project managers need to thoroughly scope the project in order to secure sufficient ...

One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

There are three main areas to estimate before your project starts--effort, duration, and cost. Of the three, you must estimate effort first to understand the total amount of work. The duration can be ...

Although technical considerations are normally in the forefront as companies plan automation upgrade projects, cost is often the factor able to outweigh all others. All the wonderful ideas about new ...

When it comes to software development, the first question that comes to mind is: how much will it cost? Unfortunately, there is no precise answer to this question, as each software project is a unique ...

The OECD-Nuclear Energy Agency - together with the International Atomic Energy Agency - plans to publish new guidance on improving cost estimates of nuclear decommissioning projects. Simon Carroll, a ...