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Project Management for Mere Mortals by Claudia M. Baca - PMP, PMI Certified OPM3®, Assessor and Consultant

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Chapter 5. The Art of Estimating

“Any project can be estimated accurately (once it’s completed).”

Mike Harding Roberts

You’ve used the WBS and dependency analysis to create a network diagram. The next step in planning your project is to create estimates for the work that is depicted in the network diagram. You’ll get started with this chapter by looking over some definitions of terms used when estimating. In those definitions, I also talk about the different types of estimates and when each is used in the project life cycle.

Next you’ll explore the different estimating techniques and when they are most commonly ...

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