Advanced Project Management - Project Estimating Techniques


Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number


Overview/Description
Advanced Project Management: Project Estimating Techniques teaches learners how time-box and analogous estimates are used, how to use life-cycle projections, and how the Modified Delphi method is used. It also teaches how to calculate PERT estimates and how function point analysis and forecasting are used. In addition, it covers how to avoid common estimating mistakes and how orders of magnitude help gauge the accuracy of estimates. Finally, it teaches steps for explaining estimates to stakeholders, how to document estimates, and how to improve them.

Target Audience
Project managers who are responsible for managing all aspects of a project from start to finish, for managing multiple projects, and for maximizing utilization of resources to achieve the project goals. It is recommended that individuals take the first course in the series or have equivalent knowledge.

Expected Duration (hours)
2.0

Lesson Objectives

Advanced Project Management - Project Estimating Techniques

  • Identify the description of a time-box estimate
  • Identify the description of an analogous estimate
  • Given a set of information, use life-cycle projection to calculate a estimate
  • Identify the description of the modified Delphi method
  • Calculate a PERT estimate
  • Identify the description of function point analysis
  • Identify the description of forecasting
  • Identify the guidelines to follow when estimating
  • Match the orders of magnitude with their correct descriptions
  • Sequence the steps for explaining estimates to stakeholders
  • Identify information you should document for an estimating database
  • Course Number:
    en_US_41513_ng