The document discusses the importance of estimation for software project management. It notes that reliable estimates are needed to forecast productivity and quality, control costs and meet delivery dates, and instill trust. The document provides tips for improving estimation practices, such as ensuring estimation is given adequate time, presenting estimates effectively to stakeholders, and fully leveraging estimates. It also offers tips for creating sound estimates through a rigorous process rather than relying on instinct alone. Overall, the document stresses that accurate estimation is critical for creating reliable project plans and delivering the software that businesses need.

1. The importance of Estimation
Software Project Management
Student:Purcaru Florentina

2. Summary
 Estimation challenges
 Getting better at estimation
 Top tips for estimation
 Estimation insights

3. Estimation challenges
Without reliable estimates, you will be challenged
to:
 Forecast productivity and quality
 Control costs, meet delivery dates
 Instill trust with management and peer-groups

4. Getting better at estimation
Improve estimation and planning practices:
 Estimation is critical and requires adequate time
 Present estimates to stakeholders effectively
 Learn how to fully leverage an estimate

5. Top tips for estimation
Some practical SPC advice you can put to use right
away:
 Estimation is integral to development & business
processes
 Your estimation approach should fit your culture
 Apply rigor to create sound estimates - don’t rely
on instinct!

6. Estimation insights
Critical thinking and unique observations on
estimation best practices:
 Fuzzy estimates can only lead to fuzzy project
plans
 Decisions on spending resources & money need
good estimates
 Accurate estimates help deliver software your
business needs