👉 The Project Formula is a method for estimating the effort required to complete a project, often used in software development and similar fields. It typically involves multiplying three key factors: the size of the work (usually measured in person-months or story points), the complexity of the tasks, and the risk associated with those tasks. The formula is often expressed as: Effort = Size × Complexity × Risk. This straightforward approach helps teams gauge the potential workload and plan resources more effectively, though it may need adjustments based on specific project contexts.
