Mastering Project Time Management, Cost Control, and Quality Management: Proven Methods for Controlling the Three Elements that Define Project Deliverables

4. Resource Estimating

4.1 Introduction

As organizations utilize projects to accomplish strategic and tactical objectives, they need to understand how resources are utilized not only for daily operations conducted within the organization, but to accomplish special projects. If organizations use a more traditional form of structure in organizing components of work into functional departments, they can allocate resources to each department to carry out daily operations. Functional organizations manage special projects based on the availability of resources that are taken away from normal daily work routines. If organizations use more of a projectized form of structure—organizing components of work into large projects conducted by the organization—then ...