Besides costs, another critical aspect you need to take into account is timeframes. There is a long process that leads to proper and accurate estimates. Estimation can be thrown randomly to advance quickly, but it will most likely appear inaccurate and probably even lead to a project failure in the long run. If you’re curious to find out answers to these questions, keep reading!Ĭost estimation is the basis of any software development process. To perform an accurate man-hours estimation, you need to know what assessment techniques and methodologies there are. Properly estimated time and budget will result in great relationships between customers and service providers, a positive working environment, and also the transparency that people really appreciate. How to estimate a software project in man-hours? It is the first question you need to ask yourself when you start product development.
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