› Project Estimating Essentials
Today’s professional is required to manage expectations in ever-changing environments. Consequently, they must learn to accurately estimate time and cost requirements for other team members, outside resources, as well as for their own projects and tasks. Participants practice applying basic estimating tools and techniques to generate quick and accurate time and cost estimates. Participants will document estimating assumptions and evaluate trade-offs. This 2-day workshop is designed for anyone who needs to know how to estimate time and cost.
Course Objectives
- Identify critical parameters to be estimated
- Synchronize the project triangle with effective estimates
- Use bottom up techniques to estimate activity/task cost, schedule, and quality
- Using a top down techniques to estimate global (or project) cost, schedule, and quality
- Understand the various types of estimates
- Communicate the accuracy of their estimates
- Document assumptions, validate estimates and manage expectations
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Topics
- The Need for Effective Estimating
- Some Estimating Models and their Definitions
- Project Estimating
- Estimating Impacts of Quality, Risk and Scope
- Estimating Tools and Techniques for Project Factors
- Assumption Analysis
- Pre-Estimating Steps and Estimating Steps
- Estimating Types, Estimating Techniques, and their Applicability
- Validating and Refining the Estimate
- Addressing Common Estimating Challenges, Hints and Tips
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Contact our office for course schedules, pricing, and availability. Remember, Inovacent Solutions can prepare shorter lectures, combine workshop sessions, or create custom training solutions to meet you needs in all aspects of project management, SDLC methodologies, and best practices. |
