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Estimations in Defined Process vs. Empirical Process

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Vineet
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Estimations in Defined Process vs. Empirical Process

Postby Vineet Sat Feb 25, 2017 6:18 am

Usually in Service or Product organizations, 'budget' is allocated to complete projects or roll-out products.
How, in Empirical process, the cost is estimated; which can be submitted as a Business Case for Budget approval ? This becomes important even more important in Service Industry because the performing organization is usually contracted to perform a certain scope of work in fixed duration (either sprints/man hours) and within fixed cost ?
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saket
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Re: Estimations in Defined Process vs. Empirical Process

Postby saket Wed Mar 01, 2017 4:30 pm

here is one video in Hindi, i hope it can answer it. If not let me know.

https://www.youtube.com/watch?v=0mn-C7A ... -O38uKKQ1h

Another video on Adaptive LifeCycle

https://www.youtube.com/watch?v=W2ckAUZ ... -O38uKKQ1h
Explore our online PMP Program , it makes PMP Easy :-) http://goo.gl/ZmD3xF

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saket
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Re: Estimations in Defined Process vs. Empirical Process

Postby saket Thu Mar 09, 2017 2:33 am

Another video coming from our recent coaching session :

https://www.youtube.com/watch?v=9MqDU2vn0UE&t=38s
Explore our online PMP Program , it makes PMP Easy :-) http://goo.gl/ZmD3xF

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