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Tag Archives: budgets & schedules
Numbers, Time and Benchmarks
What do you value? Numbers and time are interesting. They have no value in themselves, but success is constantly measured by them. Sports teams, businesses, families and even religious organizations have their set of sacred numbers and times. Either is simply … Continue reading
Project Cost Example
Important Please read the previous post explaining this model, before reviewing the example below. This example uses the following steps. Adds employee salary, benefits and contractor fees as cost variables. Calculates how much these variables cost each week. Sets highest number of story points … Continue reading
Calculating Project Costs Using Story Points
Fibonacci Numbers & Dog Breeds? Managers using the cost accounting method to estimate projects are often lost when it comes to calculating the cost of Agile Scrum projects. Where the cost accounting method typically uses cost of time per project task as … Continue reading