This tip is a compilation of tweets that look at how to fine tune project estimates and turn them into a work plan.
After the first draft estimate is done, take a few days to have the team, stakeholders, IT, and business resources review and comment. Once the team and others have provided comments go ahead and make adjustments to the estimates. Make sure all deliverables have estimates.
After making adjustments now look at the estimate versus the budget. You wait till now to avoid building the estimate to fit the budget. If the estimate is within 10% of the budget, high or low, you are probably ok to create the workplan. Double check with mgmt to make sure.
The first step to build the workplan is to group the tasks you estimated into logical groupings, Start at a high level such as coding. The next step is to further group the tasks into functional or like groups. E.G.you can group web screen coding or new policy tasks. The next step is to identify the dependencies between tasks.
Once the dependencies are listed you can identify the critical path. This will be those tasks that are dependent that take the most time. The reason for the critical path is the CP will tell you if the project can meet the expected delivery date or to set a delivery date. If the CP date is ok then you can complete the plan and begin to communicate it to the team and stakeholders.
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