Tag Archives: costs

Budget planning in Scrum projects and possible reactions to cost explosions

Complex IT projects are always subject to uncertainty. You must often deal with unclear conditions and changing priorities, are dependent on third-party systems and/or service providers, are using new technology and must face new requirements. That’s why it’s difficult to make professional, reliable estimates on company expenditures regardless of which project management method you use. Risks, however, are significantly lower in Scrum projects, because you always remain in complete control of the budget.