Developing Project Estimates
In this hour you will learn about ...
• Understanding estimates.
• Developing standard estimates.
• Adding estimate adjustments.
• Using special situation estimating techniques.
• Creating cost estimates.
Once you’ve created a project work breakdown structure and have reviewed your resource requirements, you’re ready to estimate how long each of the project tasks will take. This lesson introduces a variety of bottom-up estimation methods to help you create these estimates. Bottom-up means that you estimate per task and then total the individual estimates to get a total project time and cost estimate.
PREPARE FOR ESTIMATING
This section discusses some of the activities you need to ...