PMkaava
PMkaava is a term used in Finnish project management literature and practice to refer to mathematical formulas applied in planning, budgeting, and scheduling of projects. It is not a single standardized formula; rather, PMkaava describes a family of formulas that organizations apply within templates, software, or training materials to estimate effort, cost, duration, and resource needs.
Usage and scope: The term appears in educational contexts, consultancy materials, and corporate templates. Different organizations
Common variants: In cost estimation, a typical PMkaava might be Total Cost = Fixed Cost + (Unit Cost
Application: To apply a PMkaava, a planner collects the relevant inputs (scope, quantities, unit costs, productivity
Limitations: PMkaava-based estimates rely on input accuracy and chosen assumptions; they can oversimplify complex dependencies or