Understand—and Learn to Avoid—the Most Common Project Estimating Mistakes
Are time and cost estimates for your projects rarely accurate? Do you have trouble identifying WHY your estimates never hold up? Do you need real-world techniques for estimating time and cost on your projects? If you answered 'yes' to any of these questions, Rita Mulcahy and RMC Project Management can help you find real-world solutions to your project estimating problems!
In only four interactive hours, this new and innovative online course from Rita Mulcahy—one of the worlds leading project management experts—will help you understand why project estimating mistakes occur, and will present real-world solutions that you can implement immediately.
Online Course Features
This online course includes the following features:
- Over 4 hours of instruction
- 50 audio & video clips and 16 exercises
- A 7-module interactive tutorial
- Downloadable templates and articles
- A course weblog for sharing ideas with other students
- A downloadable template for collecting "Tricks of the Trade®"
- Automated bookmarking
- A final self-assessment
- 4 PDUs toward retaining a PMP® certification, or 4 Contact Hours toward earning one!
Learning Objectives
At the completion of this course, students will be able to:
- List techniques to estimate time and cost on projects
- List items forgotten in estimating on projects
- Understand common project estimating problems
- Identify solutions to avoid common estimating problems
Course Lessons
The course is organized into the following Modules:
Introduction
Module 1: Estimating Overview
- Understanding How to Estimate
- What Is Estimating?
- Why Estimate and Manage Cost?
- Your Estimating Tricks
- Preventing Common Estimating Mistakes
- Common Estimating Problems
- Exercise: Estimating Problems
Module 2: What Are We Estimating?
- Estimating Resources
- Focus on Cost
- Exercise: What Are Your Project Costs?
Module 3: Preparing
- What Should Be Done First?
- Charter and Scope
- Push to Refine Scope
- Work Breakdown Structure
- Network Diagram
- Involve the Team
- Risk
- Use Past Productivity
- Factors to Think About
- Blog: Best Practices
- What's Missing?
Module 4: Techniques
- When Are Estimates Usually Made?
- Approaches to Estimating
- Basic Rules for Bottom-Up Estimating
- Analogous Approach to Estimating
- Effort vs. Duration
- Sanity Checks
- Blog: Sanity Checks Best Practices
- Estimates In a Range
- One/Three Point Estimates
- Exercise: PERT Calculations
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Module 5: Getting Accurate Data
- Common Misconceptions
- Blog: Getting Accurate Data
- Historical Records
- Parametric Estimates
- Benchmarks
- No Padding
- Estimating Form Trick
- Things to Remember
- Check Your Understanding
Module 6: Advanced Techniques
- Introduction to Advanced Techniques
- Time Boxing
- Delphi Technique
- Step-Wise Refinement
- Efficiencies
- Documentation
- Education
- Change Management
- Attitude Is Everything
- Knowledge Check
Module 7: Situations
- Sample Situations 1 thru 10
Summary and Closing
Post-Test
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No more boring online training experiences!
Registration Options
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Online Class Only
R$ 230,00 per student
7 days
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Includes 7 days of unlimited access to the online course, beginning from the time you first log in. Other benefits:
- Review lessons unlimited times
- Access content 24/7
- Get help with real-world project management issues
- Earn 4 Contact Hours or 4 PDUs
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