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Estimating IoT Projects Print

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Planning realistically.

WHY ESTIMATES ARE FREQUENTLY WRONG

Hardware iterations take weeks each Certification takes months Field problems appear late Component availability is uncertain

WHAT TO ESTIMATE SEPARATELY

Hardware development and iteration Firmware Backend and applications Certification Pilot and field testing Manufacturing setup

WHAT TO ADD

Contingency for at least one unplanned hardware revision.

WHY

It is near-certain.

WHAT DRIVES THE CRITICAL PATH

Usually hardware and certification, not software.

WHAT TO START EARLIEST

Component ordering Certification planning Anything with a long lead time

WHAT TO PARALLELISE

Firmware and backend development against prototype hardware.

WHAT TO NOT PROMISE

Dates before the first hardware prototype exists.

WHAT TO COMMUNICATE

That field testing duration cannot be compressed.

WHY

Faults appearing after weeks require weeks to observe.

WHAT TO PLAN FOR IN THIS MARKET

Import and clearance time Customs and duties Currency movement between quotation and purchase

WHAT TO QUOTE

With validity periods, given rate volatility.


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