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With proper and conscientious application of these data for making estimates, the estimator will calculate hourly time requirements i.e. the man hours required for the piping and plant erection. The man hours (Mhr) do not refer to any condition or PRODUCTIVITY EFFICIENCY PERCENTAGES (PEP, Leistungsfähigkeit - Prozentsatz), but to precisely determined PEPs.
https://www.bacancytechnology.com/blog/story-points-vs-hours
Jun 16, 2021 · It gives a sense of objectivity: If a developer can complete one story in 5 hours, the same 5 hours can be either 2 or the 7 for the other. Hence, the estimation in hours is subjective, whereas the estimation in story points is objective, wherein 3 means a particular level of …
https://www.techrepublic.com/blog/tech-decision-maker/use-this-process-to-estimate-a-projects-effort-hours/
Aug 05, 2008 · This is the effort required to successfully and proactively manage a project. In general, add 15% of the effort hours for project management. For instance, if a project estimate is 12,000 hours …Author: Tom Mochal
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