I just published a new blog post “Estimating the Cost of Time When Ain’t Nobody Told Ya! [1]” at the Total Project Control website.
This new blog shows how, given only budget and “deadline” instructions, a project manager can do some back-of-the-envelope calculations to generate conservative estimates about the cost of time.
These estimates can then be disseminated to key individuals, such as sponsors/customers, to stimulate more precise estimates from the investors’ points of view, and to increase appreciation of the project manager as someone who is not merely overhead, but who is seeking to add value through her schedule management skills.
Fraternally in project management,
Steve the Bajan