Rui Silva has a short but sweet post on estimate rejection here. I love his point that estimates must be “honest” because:
When technical staff low-balls a project estimate, it denies the executives important information they need to make effective decisions, effectively undermining the executive’s decision-making authority. This results in diverting company resources from projects that are cost-justified to projects that aren’t cost-justified.
Filed under: PMO | Tagged: honesty, Leadership and strategic planning, Portfolio Management, project estimation, Project Management, Project portfolio management | Leave a comment »