Effort in Project Management – Definition and Meaning
Example, Best Practice, and Further Information
In a software project, for example, the estimated effort to develop a new feature might be 40 person-hours. A proven best practice is to estimate effort as realistically as possible, based on historical data from previous projects and expert judgment. This is in line with the estimation techniques in the PMBOK Guide and agile methods such as story points. Careful effort estimation helps create realistic schedules and budgets.