Planning and Estimating

This course focuses on managing the estimating process and providing practical guidance geared toward better, more accurate and more precise planning and estimating.

Audience

• Project Managers
• Program Managers
• PMO Officers
• Executives and Managers

Agenda

Introduction
– Project estimating
– Scope of project estimating
– Project estimating and the project management practice

Concepts
– Estimating roles
– Estimating life cycle stages
– Evolving estimates
– Use of metrics and available data
– Estimation variances
– Characteristics of an estimate
– Industry-specific practices

Prepare to estimate
– Project estimating approaches
– Inputs and outputs

Create estimates
– Use of quantitative estimating
– Use of relative estimating techniques
– Use of qualitative estimating techniques

Manage estimates
– Manage estimates: a living plan cycle
– Inputs to the manage estimates stage
– Outputs of the manage estimates stage

Improve estimating process
– Assess the estimating process
– Implement changes and share lessons learned

Alignment

Fully aligned to PMI’s Practice Standard for Project Estimating 2nd Edition

Languages

This course in available in English, French, German

Duration

• 2 days in classroom
• Also available as online or virtual delivery