![]() ![]() These goals include matching resources with a project timeline, creating an accurate budget, helping define the scope of a project, and avoiding cost overruns. The goals of cost estimating for IT projects are similar to the goals of cost estimating for other types of projects. This can be especially challenging when using Agile development methods, which tend to evolve over time. Project managers who work on IT development projects have the difficult task of translating the scope of a project into an accurate estimation of costs and scheduling. Rather than creating a new estimate form for each client, you can simply adjust the deadlines, expenses, materials used, and other details based on the scope of a project and customer needs. One of the benefits of using an estimate template is the ability to reuse a standardized form to boost efficiency and provide consistent, professional communications with clients. The process of creating a job estimate also helps to outline the parameters of a project as each step is identified and evaluated for cost. This way, both contractor and customer have some level of financial and legal protection. Clear documentation may also help to avoid any misunderstandings with customers and support the creation of a realistic quote or contract. ![]() ![]() This documentation is important for maintaining accurate records, comparing actual expenses to the original estimate, and planning estimates for similar projects in the future. While job estimates are not binding contracts, they do provide written documentation of an initial evaluation of costs. WorkApps Package your entire business program or project into a WorkApp in minutes.Digital asset management Manage and distribute assets, and see how they perform.Resource management Find the best project team and forecast resourcing needs.Intelligent workflows Automate business processes across systems.Governance & administration Configure and manage global controls and settings.Streamlined business apps Build easy-to-navigate business apps in minutes.Data connections Synchronize data across critical business systems.Secure request management Streamline requests, process ticketing, and more.Process management at scale Deliver consistent projects and processes at scale.Content management Organize, manage, and review content production.Workflow automation Quickly automate repetitive tasks and processes.Team collaboration Connect everyone on one collaborative platform.Smartsheet platform Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale. ![]()
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