Estimating Costs and Allocating Resources
Effective project management, particularly for instructional design (ID) projects, hinges on accurate cost estimation and strategic resource allocation. This week’s focus on estimating costs and scheduling resources provided valuable insights into overcoming the challenges of determining activity durations and resource needs. Below, I explore two resources that offer practical methodologies for managing these challenges and how they can be applied to ID projects. Resource 1: Agile Estimation Techniques by Michele Sliger Agile Estimation Techniques Sliger (2012) introduces two innovative approaches for estimation: Planning Poker and Affinity Grouping. These techniques deviate from traditional bottom-up methods by emphasizing gross-level estimation through iterative top-down processes. Planning Poker utilizes the Fibonacci sequence for relative estimation, fostering team consensus on task complexity without relying on time-based units. Affinity Grouping a...