Monday, February 24, 2014

Factors which impact the Project Estimation

Factors which impact the Project Estimation

There are Many factors can impact that, i am sharing some which may have higher impacts
1. Scope
2. Cost of Resource
3. Time lines ( if you need soon , you may need to pick some expensive options)
4. Risk (so high the risk high the contingency reserve )
5. Quality Policy ( cost of quality, if some process has to be followed it will generate cost )
6. Customer Attitude ( how easy or hard to take approval from customers)
7. Environmental Conditions (like inflation or attrition )

There may be many factors but this are the higher impact, Information received from experts in
discussion.

Regards
Kshitij yelkar
www.yelkar.com
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