Project Estimation and Cost
EduCBA
Summary
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Overview
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.
Description
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
Who is this course for?
- Students
- Project Managers
Requirements
- Basic knowledge of MS office
Questions and answers
Is this course suitable for removals estimation?
Answer:Hello Katy, There is no specific lecture that has been covered in this topic. Thanks
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A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.
What is an ‘endorsed’ course?
An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
