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IT Project Estimate Check List

May 13, 2008

1. Was a standardized procedure used to create the estimate?

2. Was the estimation process free from pressure that would bias the results?

3. If the estimate was negotiated, were only the inputs to the estimate negotiated, not the outputs or the estimation process itself?

4. Is the estimate expressed with precision that matches its accuracy? (For example, is the estimate expressed as a range or coarse number if it’s early in the project?)

5. Was the estimate created using multiple techniques that converged to similar results?

6. Is the productivity assumption underlying the estimate comparable to productivity actually experienced on past projects of similar sizes?

7. Is the estimated schedule at least 2.0 x StaffMonths1/3? (That is, is the estimate outside of the Impossible Zone?)

8. Were the people who are going to do the work involved in creating the estimate?

9. Has the estimate been reviewed by an expert estimator?

10. Does the estimate include a nonzero allowance for the impact that project risks will have on effort and schedule?

11. Is the estimate part of a series of estimates that will become more accurate as the project moves into the narrow part of the cone of uncertainty?

12. Are all elements of the project included in the estimate, including creation of setup program, creation of data conversion utilities, cutover from old system to new system, etc.?

TOTAL (see the next page for scoring information)

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