
Step 2: Understand how your company's PM process works After all, figuring out the steps one person takes to create a deliverable will work wonders in helping you calculate a true and accurate project estimate. It also helps you understand the inner workings of different types of projects-and their appropriate budgets. This not only gives you an opportunity to connect with your team on an individual level. Remember: It’s better to admit what you don’t know and ask questions from the get-go. It might sound silly, but most project managers feel like they’re supposed to know everything. If you really want to know how or why someone does their job, just ask them! As a project manager, one of the best things you can do is be genuine and honest about what you don’t know. Get to know each team member's tasks and skill sets.

Having a solid understanding of what each and every team member actually does on a daily basis can help you avoid problems down the road. Here’s the thing: To estimate projects successfully, you MUST engage in the work. Invite your team to be part of the estimation process.Ī stronger understanding of-and collaboration with-your team will help your projects come in closer to your project budgets. That’s because, the more you know about someone’s work and process, the easier it is to estimate their work. Good project estimation techniques are built on solid working relationships.

Want to be better at estimating projects? Sometimes project managers focus too much on the numbers and not enough on the people. Step 1: Know your team's expertise & job responsibilities
