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Methods for estimating projects

Essential knowledge

Author:

Fluent Commerce

Changed on:

6 Feb 2024

Overview

Every company has a unique approach to project estimation, so there is no one-size-fits-all solution.  This article covers the typical approaches used to estimate projects. 

Key points

  • How to approach project estimation  
Approaching Project Estimation

A possible approach to estimation post-discovery is shown in the example provided below.  A similar approach can be taken as a good jumping-off point in identifying the solution types, estimating task sizes and prioritising sprints as the project progresses to development.

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Solution Type

Depending on the scope of the project, you may define these Possible Values separately, but as a point of reference, the Base solution could be the out-of-the-box solution you get from Fluent Commerce.

Estimation

Estimation again there is the T-shirt size understanding whether it is base or should be minimal effort (0 to 1) days. Small simple configuration ranging from 1 to 2 days. Medium, Large, all the way up to X-Large where it’s a complex custom solution that's gonna need to be designed and can potentially be 20 to 40 days. 

Priority

In addition to identifying the solution type, and T-shirt estimates against each requirement, it is also important to run through the priority. 

The MUST, SHOULD, COULD and Won’t is a good place to start to be able to prioritise the sprints as we move to development.

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