Measuring schedules is not new. Using this graphical tool, that allows you to quickly monitor performance to the initial plan and check key drivers that can take you off course, is a new technique for many organizations.
Many product development teams struggle over estimating project schedules. PERT is the best method to build a realistic, evidence-based schedule.
The Lite Schedule Estimating Matrix is a tool that helps to estimate the amount of time a project will take in any given phase. It leverages past experience combined with the critical few, key drivers that impact a project’s schedule.