From the course: AI in Project Management
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How to estimate a project's time and cost using AI
From the course: AI in Project Management
How to estimate a project's time and cost using AI
- Historically, we've estimated things based on our knowledge of doing similar tasks before, but we know that projects often have completely new things in them, so this isn't always a very accurate way to do things. Now, AI knows pretty much everything that's on the internet, so it can be really good at estimating, but sometimes it does miss things or it uses assumptions that we know are incorrect. Personally, I think the best way is to do your estimates and also ask AI to do its own version, and then compare them. And if they agree, then you can feel really confident that the numbers are correct. If there's a significant difference, then you need a third source of information for that estimate. - Yes, you definitely need to double-check an AI-generated estimate. It may seem plausible, but you need to do your own research and add your own experience. The three main things to look out for are, one, the hours of work required. You need to verify these and make necessary adjustments…
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