Practice Standard for Project Estimating - Second Edition

6

IMPROVE ESTIMATING PROCESS

The purpose of the Improve Estimating process is to improve the organization's estimating capability for the OPM components. This section includes the following subsections:

6.1 Overview

6.2 Assess the Estimating Process

6.3 Implement Changes and Share Lessons Learned

6.4 Considerations

6.5 Case Study

6.6 Summary

6.1 OVERVIEW

A key objective of the Improve Estimating process is to update the organizational process assets, especially but not limited to, the estimating processes, templates, tools, and other assets. The process is based on actual data and lessons learned and completes the cycle by communicating process updates and assuring consistent process use.

This activity incorporates, but is not limited to, lessons ...