The word ‘estimation’ is unanimously associated with project management. A project manager is expected to estimate overall time a project will take to complete which in turn is derived from tasks that constitute the project. Literal meaning of the word estimate is, educated guess, ball park figure, calculate approximately as per dictionary therefore it is unfair to expect zero difference between an estimate and the true value, let us start with this. Before we start, Six Sigma techniques do not replace standard project management practices, rather these techniques compliment and make a project managers ‘way of work’ produce breakthrough results…. Read more

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