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Management7 min read
How to plan an IT project budget
Why “how much will it cost?” can’t be answered right away, and what an estimate is made of.
The cost of custom development depends on the scope of work. And scope can’t be defined without analysis.
What an estimate consists of
- Feature list and priorities
- Number and complexity of integrations
- Users and load
- Design requirements
- Support and further development
We recommend splitting the project into an MVP and next stages: the first result comes sooner and risk stays lower.