Cost Estimation

In this article, we mainly focus on - ‘How ALM data is used to leverage Data Science’. 🅰🅻🅼 🅳🅰🆃🅰 All the test data stored over years and decades(for giant companies) do wonders when merged with Data Science tools. …

What is an estimate? An estimate should be an unbiased analytical process. The purpose of estimation is to provide an understanding of the effort and time required to complete a project or task. This information should be used to make better decisions about which direction to take. An estimate is not a target. It’s…

A Complete Cost Estimation & Business Model To Build Chat App — Online communication has become a new normal in 2022, and such apps like Viber, Whatsapp, Telegram, and more have allowed us to spend thousands of text or audio messages to our friends or relatives with just one tap. Right from streamlining the business operations to staying connected with loved ones…

You’ve said it, and I’ve said it more than a thousand times, “How much is it going to cost?” The answer is not always easy, especially when things need purchasing, people need hiring, buildings need building, and programs need funding. Simply put — costs get complicated. In the world of…

In the Budget Estimation in the IT industry survey we ran last year, most of the respondents rated the accuracy of their estimates at a 7 out of 10, the rest fairly evenly splitting between 6 and 8 out of 10. Is 70% accuracy good enough? How good can your…

In this article, I provide a quick and easy-to-use method to estimate AWS costs for your app. The article comes with a FREE spreadsheet template that will help you make the estimations with minimal effort. The estimates you can do with the following are very rough estimates, different users will…

By Nikolay S, Andrey P, Nikita S, Andrey D, Max E, Nikita M. Are you planning on a creating video software, such as video conference, webinar, telemedicine or elearning platfirm? Let’s see how much you’ll have to pay monthly to maintain it. In this article, we’ll explain how to estimate…

I wrote a new blog post about anonymized, secure, and free Terraform Cost Estimation tool I have just released — https://www.antonbabenko.com/terraform-aws-modules-as-a-code/ Here is the tool itself — https://github.com/antonbabenko/terraform-cost-estimation Please note that this is not an official HashiCorp product. All original content I publish on my own website — https://www.antonbabenko.com/ Subscribe to RSS feed — https://www.antonbabenko.com/rss/

As a project manager, it’s impossible to underestimate the importance of cost estimation when it comes to successfully completing a project. Before even approaching a project, it’s important to get a handle on cost estimation to help keep you on task and in touch with project constraints and limitations.