Wednesday, June 27, 2012

Project Estimates - Cost, Effort, Schedule, Timeline, Team Structure

How to estimate efforts for a project? This is a big question every time for many when they get new set of project requirement. Efforts estimation is not enough alone. We also need to do alignment and distribution of hours among the team and carve out the timeline and deliverable's for the project. I always use below simple format to  calculate project cost, efforts, timeline, deliverable, effort distribution for dual/single shore mode. Easy and simple format where you can put everything at one place and can be used as a dashboard for management view.

Duration
Milestones
Deliverable
Architect Onshore
UX Designer
SharePoint Onshore Dev
DB Offshore Dev
Offshore Test
Total Hours
Wk-1
Analysis

40
20



80

-Requirements Analysis
Functional Spec







-User research
Design wireframes






Wk-2
Planning

40
40
20
40
20
170

-Information architecture
Process flow Diagram/Site map







-Finalize architecture
Development Specs






Wk 3-7
Implementation Phase

80
40
80
400
200
880

-UI design
 UI Frames







-Backend Design
Demo -I







-Workflow Design
Demo - II







-Test Cases/Test plan
Test Plan






Wk 8
User Acceptance



20
80
40
180

-User Documentation
User Guide







-UAT Support
 Helpdesk Support







-UAT Sign off







Wk 10
Product delivery



20
40
20
90

-Deployment Instructions
Deployment Guide







-Deployment Packaging
Deployment Build 







-Code Hand Off
Code Database






Hours Total
160
100
140
560
280
1400
Rate
 $
Estimated Cost
 $