In this video tutorial, we'll show you how to estimate projects in 7 easy steps. See best practices for estimating project budget, duration, and effort, and learn why cost estimates are important in project management. Read more in our free guide: https://teamgan.tt/32tv9pZ

0:00:00 – Introduction
00:00:59 – Step 1: Know your team's expertise and roles
00:02:27 – Step 2: Understand how your company's project management process works
00:03:32 – Step 3: Study project estimation techniques and trends
00:05:26 – Step 4: Use historical data to create better project estimates
00:06:20 – Step 5: Ask detailed project questions to improve cost estimation
00:07:55 – Step 6: Divide your project into smaller parts to estimate accuracy
00:08:31 – Step 7: Assign hourly estimates to tasks and people in TeamGantt

Every company has a budget and wants to know if a project is worth the cost before investing in it.
A project estimate gives you and your stakeholders a general idea of how much time, effort, and money will be required to complete the task. This makes it easier to create a feasible project budget and plan so you can set your team and organization up for success.
Get ready to learn a whole new set of project estimating techniques because you are about to become the best project estimator in the industry.

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Don't forget to visit our website. There you will find not only our project management software, but also tons of training on project management. We offer free weekly live courses, on-demand masterclasses, templates, guides, a blog, a podcast… and more.

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