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Why Estimating is Essential in Project Management

Estimating is a critical skill in project management that every manager must possess. Projects could easily go off track without accurate estimations, leading to wasted resources, missed deadlines, and disappointed stakeholders. Being able to predict how much time, money, and effort a project will require allows managers to plan, allocate resources, and achieve desired results more easily. In this article, we explore the significance of estimation in project management as an aid towards keeping projects on course and ensuring successful outcomes for themselves and their projects.