Accurate estimation sits at the heart of effective planning, whether you’re managing software projects, marketing campaigns, product development, or large operational initiatives. While modern tools offer advanced forecasting capabilities, one of the most reliable sources of improvement remains surprisingly simple: your own past data. Historical cost data, when used correctly, transforms estimation from guesswork into informed prediction. Much like principles discussed in broader conversations around smart planning in modern construction, the key lies not merely in collecting numbers but in understanding their patterns. Organizations often accumulate years of financial records, project budgets, and expense breakdowns. Yet many teams fail to…
Read More