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FastEDUCATION™ Seminar

Seminar: Estimating Work Effort

Duration: 3 hours

Expected Audience:  Targeted for project leaders and perhaps some team members, this session presents methods, tools, and approaches to estimating work (tasks and activities).

Pre-Requisites: At a minimum, attendees should have completed:

  • PM Fundamentals
  • Initiation & Planning
  • WBS and Schedule Development

Objectives:

  • Explore some of the common estimation-related problems in projects today
  • Examine some effective requirements gathering techniques
  • Understand several methods to estimate work effort more accurately
  • Demonstrate the use of some estimation tools
  • See how to integrate work estimates into an MS Project schedule
  • Know how to use buffers for contingency planning
  • Know how to update the initial risk assessment based on estimation loading

Format:    Presentation / discussion in groups of 10-20.

Outline:

  • Introduction
    • Outline review
    • Materials Tour
    • Participant's experiences with estimation
  • Project Planning Review
    • Life cycle review
    • WBS & Schedule Development review
  • Support Tools Review
    • MS Project
    • Project register
    • Excel
  • Estimation Background
    • Estimation Overview
    • Reviewing the Initial Key Phase WBS and Initial Schedule
  • Get the Requirements Right
    • Requirements gathering techniques
    • Requirements Grid
    • Characteristics of good requirements
    • Validation
  • Estimating Work
    • Typical estimation problems
    • Methods of approach
    • Accuracy
  • Risk Considerations
    • Risk Adjustments
    • Contingency Buffers
  • Summary & Wrap-up

Seminar Materials:

  • Presentation matter
    • Copy of slides (notes view) in notebook
    • Links to detail forms and help sites

Seminar Slides:

Once you have attended the seminar, the links below will allow you access the seminar slides and handouts in pdf format, and additional related materials,

  • Seminar notebook
  • A Requirements Fable - The Story of the Vasa (.pdf)