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Episode 195 – Estimate This: Managing Project Estimation

Velociteach

We are taking a fresh look at project estimation. Topics include the estimation obstacles project managers commonly face, key factors essential for accurate projections, the impact of organizational culture, implementing cost management strategies, and navigating the risks of underestimating or overestimating project estimates.

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What is Project Management

MPUG

What is a Project The Project Management Institutes (PMI) PMBOK defines a project is “a temporary endeavor undertaken to create a unique product, service or result.” Project Management as a Profession As a Profession , it has its roots in the 1950s and 1960s when the U.S.

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Compendium of Works to Increase Probability of Project Success

Herding Cats

Five Immutable Principles of Project Success - There are many (possibly too many) methods for successfully managing a project. But each method needs to be based on 5 Immutable principles to be successful, no matter the domain or context, PMI Spring Seminar , 2012, Austin TX. PMI Lakeshore Ontario Chapter , 27 October 2018.

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Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. requires making estimates) ? Evaluation of the Risk Analysis and Cost Management (RACM) Model,” Matthew S. Estimation of Long?Term 4, February 24, 2015.

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A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. requires making estimates) ? Estimation of Long?Term