How to Improve Your Effort Estimation Skills

Effort estimation is a critical element in project success, but many projects fail due to underestimating the effort needed to deliver the work. The Program Evaluation and Review Technique (PERT) is a simple method for a more objective and realistic effort estimation. By using PERT, project managers can calculate a weighted average based on the most optimistic, most pessimistic, and most likely cases. Constantly monitoring and optimizing effort estimation through PERT and additional metrics like standard deviation can help improve project management skills and processes.