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Ryan Bourne
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5 min read

6th Jul, 2024

Estimations - How Peslo can be so accurate

Preventing surprises later on in your project

We understand that when you reach out to a consultancy like Peslo for help building your new mobile app, you want to be certain of some of the essentials:

  • Potential for return on investment (ROI) - if you're going to spend money on something, you want value in return. You want to see that value is going to be generated, otherwise your money could be better spent elsewhere
  • Timelines - if your dream app is needed in 6 months, but the work will take 9 months, you want to be aware of that so you can plan accordingly
  • Costs - building a high-quality mobile app has a cost to it, and you want to firstly be aware of that cost, and also want to be certain that the cost won't increase down the line

Once you have certainty on these key points, we know it's then significantly easier to make decisions about how much of your funds to invest in building software to drive your business forwards. Without them, it's almost impossible to justify any cost regardless of the size.

As we recognise how important these points are to our clients, we've designed a bespoke process to bring clarity into your decision making.

After we've had an initial conversation to discuss your company, the project requirements, and your expectations around timeline and budgets, we'll work with you in an investigation phase to start digging deeper. This investigation phase is bespoke to your organisation and your requirements, and allows us to paint a clear picture around:

  • Project scope and objectives - what is key to deliver, and what could be deferred to a secondary phase of work to reduce your upfront costs & deliver value to your company more quickly.
  • Collecting requirements - every business is unique, this means your requirements will also be different to what another business needs; it's important to take the time to really understand what you need from your project.
  • Support beyond engineering - high-quality software is just one part of a successful project; top-notch customer care, intuitive UI/UX, and streamlined processes are what makes a project truly deliver value. We work with our partner agency Elevate Group to ensure your app is a success.
  • Identifying & mitigating risks - building software can be complicated, and minor pitfalls can throw a project off-track. We take the time to identify risks (such as third party dependencies, niche hidden requirements, hardware dependencies) and work out ways to mitigate them.
  • Resource allocation - your project needs the best team, so by working out exactly what you need we can get the best consultants ready to deliver.
  • Feasibility analysis - everything is possible given enough time, money, and people; we need to make sure that with your time & budget constraints that your project will deliver the ROI to drive your organisation forward.
  • Niche requirements - certain projects require extra support around security and compliance among other factors, we work these out and factor them in to our plan.
  • Baseline establishment - by working closely with you and your business, we draw up the baselines and key performance indicators (KPIs) that you care about and find value in - as the only way to truly call a project a success to be to able to measure that success.

Once we've completed our investigation phase, our lead consultants are able to start to break a project down from one or more deliverables into bitesize chunks of work that can be more accurately estimated. A great analogy to this is that it's difficult to know how much time it'd take to fully build a house, but it's easier to say how long it'd take to lay the foundations, fit the windows, and paint the walls. We take this same approach when estimating - if a piece of work is too big to effectively reason against, we break it down into smaller items of work.

We add all of our estimations to our internal systems, which then generate an accurate project cost & delivery timeline. With this information, we can determine the best way forward for your project: such as how to schedule it alongside our other clients and how long it'll take to provide your expected ROI.

In summary, our estimation process helps you to get the best ROI from your project, reduces risk for us, and ensures that your customers get the best experience from your business.

Want to chat with us about how we can deliver world-class software for your company? Book a call with us here: https://peslostudios.com/contact