Managed web hosting - 200 Part II: Planning Your Software Project Following
200 Part II: Planning Your Software Project Following simple strategies to manage project expenses You need to take active steps to monitor and control the costs within your project. Getting a plan together The first step in managing costs is to have an accurate and reliable project plan. Projects often fail at the beginning, instead of at the end. If your project plan is skewed, faulty, or half-cocked, the implementation will be as well. Flip to Chapter 2 for further information on project planning. One of the components of the project plan is a cost management plan, which describes how you will plan, estimate, budget, and control your project costs. The more detailed and accurate these estimates are, the less likely you are to have budget surprises. Another component of the project plan is the human resources management plan, which details processes and policies regarding the members of the project team, such as roles and responsibilities, reporting structures, improving project team members skills and enhancing their knowledge, accepted hiring and firing considerations, and staffing plans. Although the cost management plan and human resources management plan are listed separately, in actual practice, they interact and overlap. For example, your cost management plan probably lists the cost of resources (people) required to complete the software project. Reviewing costs and performance When you ve got a solid plan, then you need a method to review costs and performance of the project team. This is vital in every software development project because the project is built on how efficiently project team members use their time. You need to track and measure the team members time to complete the project activities. Just because you need to ensure that team members manage their time well does not mean that it s open season to micromanage. Everyone works his or her own way, and you need to allow staff to feel free to be idiosyncratic within reason, of course. However, using historical information and analogous information, you can (and should) attempt to estimate how long various tasks will take (see Chapter 
. You can also set incremental deadlines for partial deliverables.
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