Estimates and budgets in a software project serve different purposes. Estimates are used to predict scope and guide development, while budgets allocate resources and define constraints. Mistaking estimates for budgets can lead to unrealistic expectations, financial overruns, weak projections, stress and burnout, and eroded trust.
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Estimates are for predicting scope and guiding development.Budgets allocate resources and define constraints.What goes wrong when we treat estimates as budgets?Everything should be in its right place.Sort: