O'Reilly logo

Practice Standard for Project Estimating by Project Management Institute

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 5

MANAGE ESTIMATES

This chapter covers the ongoing maintenance and management of activity duration estimates, activity resource estimates, and cost estimates. The objective of the Manage Estimates stage is to outline the fundamental inputs, activities, and outputs with regard to managing estimates appropriately.

This chapter also describes an approach to managing project estimates from initial estimates to completed projects, based on the consumption of actual time and cost, and the ability to reforecast remaining cost and time.

This chapter includes the following sections:

5.1 Introduction

5.2 Inputs

5.3 Activities

5.4 Outputs

5.5 Considerations

5.6 Summary

5.1 Introduction

In preparation for this chapter, some clarification is needed. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required