Course duration
- 2 days
Course Benefits
- Learn basic Project estimating concepts
- Learn to use models to size Projects
- Learn to estimate costs and effort
- Learn to estimate effort using multiple models
- Learn to estimate duration
- Learn to calculate expected time for the project
- Learn to measure risk and determine its impact
- Learn to structure and categorize risk
- Learn to use qualitative and quantitative risk analysis
- Learn techniques for Risk Response planning
- Learn to monitor and control risk
- Learn to improve estimating success
Public expert-led online training from the convenience of your home, office or anywhere with an internet connection. Guaranteed to run .
Private classes are delivered for groups at your offices or a location of your choice.
Course Outline
- Definitions and Concepts
- Estimating
- Reasons for Estimating a Project
- Accuracy in Estimating
- Obstacles to Good Estimating
- Enabling Good Estimating
- Approaches to Estimating
- Metrics Used in Estimating
- Techniques Used in Estimating & Problem Definition
- Project Sizing
- Project Sizing
- Direct Comparison
- Models
- Rayleigh Model
- Life Cycle Resource Distribution
- Function Point and Delphi Technique
- Estimating Costs
- Estimating Costs
- Estimating Effort
- Estimating Effort
- Parametric Models
- Function Point Estimating
- Function Point Estimating Process Steps
- What Do You Count in Function Point Estimating
- Function Point Estimating Information
- General System Characteristics
- Task Based Estimating
- Estimating Task Effort
- Resource Profiling
- Estimating Duration
- Effort Conversion
- Statistical Analysis of Project Length
- Weighted Average Results
- Beta and Normal Distributions
- Normal Distribution and Standard Deviation
- Calculating Expected Time for the Project
- Using a Z Table to Calculate Probability Answer
- How Long Should the Project Be
- When Should You Use this Technique
- Risk Management
- Dealing with Risk
- Risk Measurement
- Risk Impact
- Risk During Project Life Cycle
- Psychology of Risk
- Project Risk Management Processes
- Risk Management Planning Definition
- Risk Management Plan
- Risk Identification
- Risk Identification Definition
- Effect on Project Success Factors
- Project Success Factor Chart
- Structuring by Project Management Knowledge Areas
- Structuring by Category
- Risk Influencing Factors
- Documentation Review
- Historical Information
- Other Information Gathering Techniques
- Qualitative Risk Analysis
- Definition
- Example Table from the PMBOK
- Outputs
- Quantitative Risk Analysis
- Definition
- Techniques
- Outputs
- Risk Response Planning
- Risk Definition
- Techniques
- Outputs
- Risk Monitoring and Control
- Definition
- Assessing Success
- Tools and Techniques
- Recognizing New Risks
- Outputs
- Success Factors
- Infrastructure
- To Improve Estimating Success
- Summary and Conclusion
- To Develop Good Estimates
- To Effectively Manage Risks
Class Materials
Each student will receive a comprehensive set of materials, including course notes and all the class examples.
Instructor-led courses are offered via a live Web connection, at client sites throughout Europe, and at our Geneva Training Center.