Parametric Estimation

Reusable project structures with pre-defined tasks and time estimates based on historical data, enabling faster project setup and more accurate time budgeting.

Application of the 80/20 principle to time management, identifying the 20% of activities that produce 80% of results to optimize effort allocation and maximize productivity.

Key performance indicators used to measure individual and team productivity through time tracking data. Includes utilization rates, billable hours percentage, project completion velocity, and output per hour to drive data-informed improvement decisions.

A time estimation guideline suggesting you should double or triple your initial estimate for complex projects to account for unforeseen delays, interruptions, and complications, directly addressing the planning fallacy and Hofstadter's Law.

A project planning technique where teams imagine a project has failed and work backwards to identify what could go wrong, helping combat the planning fallacy by surfacing potential obstacles and risks before they occur.

A time estimation technique that combats the planning fallacy by basing predictions on actual durations of similar past projects rather than internal assessments, using historical data to create more accurate and realistic timelines.