Project Estimation and Cost

In this training, you will learn about estimating situations and how to handle them properly.

10

 2h 54m | 30 Videos | 59400 Views |   Beginner

Project Estimation and Estimation techniques:

Estimation is the process of finding an estimate, or approximation, which is a value that can be used for some purpose even if input data may be incomplete, uncertain, or unstable. Project estimation techniques are critical survival tools for predicting when a project will finish and how much it will cost. Estimating duration and cost accurately can make the difference between consistent success and frequent failure.

The training will help you learn about

• Introductions
• Project cost and Estimate – when/how/why
• Quick Review

–Estimating Consideration
–Work Breakdown Structure

• In-Depth Review of the Critical Worksheets:

–Drivers
–Program Matrix
–Summary (Including converting Estimate to MS Project Plan)
–Budget

Target Customers:

• Students
• Project Managers

Pre-Requisites:

• Basic knowledge of MS office

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