Seven Keys to SuccessTM
Not taking the time to make good estimates can affect several of the keys. First, work and schedule will not be predictable, as deadlines will be missed. The delivery organization benefits key will likely go red as spending increases and the project goes over budget. How do the sponsor and key stakeholders react when the project is late and over budget? Now your stakeholders lose their commitment. And at the end, the project will not be successful and deliver the business benefits that were expected.