| Start Date | End Date | Country | City |
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+966 920007771
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Objectives
- Estimate costs and resources needed for projects
- Learn how different estimating techniques work and interact together
- Size project deliverables
- Identify associated project costs to build a comprehensive project estimate
- Identify risks and their impact on project costs
- Estimate a development schedule, staffing, and effort
- Select estimating techniques best suited to your projects
- Determine how different factors impact estimate accuracy
- Update estimates throughout a project’s duration
Outlines
Cost Estimating Overview
- Cost estimating terms and key concepts
- Major challenges associated with cost estimating
- Iterative nature of cost estimating
- Estimating with different product life cycles
Getting Started
- Prerequisites to the estimating process
- Creating a deliverable-based WBS
- Resource breakdown structures (RBS)
Estimating Techniques
- Units of measure
- Estimating techniques for developing cost estimates
- Creating cost estimates using the different estimating techniques
Finalizing the Estimate
- Ten-step cost estimating process
- Techniques to clarify the estimating request and scope of work
- Accounting for individual characteristics of resources
- Documenting an estimate to ensure clear understanding of the cost estimate, assumptions, accuracy, confidence, etc.
- Five tips that can improve estimating
Who Should Attend
Duration
5 Days
