Time estimation techniques in project management
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Time and Resource Estimation
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Transcript of Time estimation techniques in project management
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Time and Resource Estimation
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1. Make Decisions
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2. Schedule our Work
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3. Determine How Long the Project Should Take
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4. Determine Much the Project Should Cost
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5. Determine If the Project is Worth Doing
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6. Develop Cash Flow Needs
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7. Develop Project Baselines
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Risky Time EstimatesToo-Low
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Risky Time EstimatesToo-Low
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Risky Time EstimatesToo-High
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Risky Time EstimatesToo-High
Our Project Project B Project C Project DProject E Project G
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Time and Resource EstimationTop-Down (Macro)
Activity A
Activity B
Activity C
Activity D
Activity E
Activity F
Bottom-up (Micro)
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Time and Resource Estimation