![]() Project estimation is the process of estimating the time, cost, and resources required to complete a project. ![]() That’s where a project estimation template comes in. After all, accurate estimations are the foundation of project success (in addition to well-managed stakeholder expectations). ![]() While project estimation can feel like a guessing game, it doesn’t have to be one. And if you aren't prepared, answering this question can feel like a shot in the dark, especially during the initial planning phase. If you’ve ever pitched or led a project, you’ve probably heard that question before-along with others about what resources are required and how long the project will take.
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