- Estimation and planning practices set and reinforce the expectations of product delivery, which is a key driver of IT satisfaction.
- However, today’s rapidly scaling and increasingly complex products and business needs create mounting pressure for teams to make accurate estimates with little knowledge of the problem or solution to it, risking poor-quality products.
- Many organizations lack the critical foundations involved in making acceptable estimates in collaboration with the various perspectives and estimation stakeholders.
Our Advice
Critical Insight
- Estimation reflects your culture and operating model. The accuracy of your estimates is dependent on the roles involved, which is not encouraged in traditional and top-down methodologies. Stakeholders must respect and support the team’s estimates.
- Estimates support value delivery. IT satisfaction is driven by the delivery of valuable products and services. Estimates set the appropriate stakeholder expectations to ensure successful delivery and make the right decisions.
- Estimates are more than just guesses. They are tools used to make critical business, product, and technical decisions and inform how to best utilize resources and funding.
Impact and Result
- Establish the right expectations. Gain a grounded understanding of estimation value and limitations. Discuss estimation challenges to determine if poor practices and tactics are the root causes or symptoms.
- Strengthen analysis and estimation practices. Obtain a thorough view of the product backlog item (PBI) through good analysis tactics. Incorporate multiple analysis and estimation tactics to verify and validate assumptions.
- Incorporate estimates into your delivery lifecycle. Review and benchmark estimates, and update expectations as more is learned.