Winning the Estimation Game
Overview:
The Challenge
Every organization sooner or later is faced with the necessity of selecting and prioritizing projects. Estimation of cost and schedule is an important aspect of this process. While the techniques of estimation are fairly straightforward, project estimation nonetheless is something that Project Managers almost uniformly dread. Why? The primary cause of concern is that these early estimates that are generally based on very scant and suspect data often, contrary to all reason, become the budgets for future Missions Impossible.
We've all been there. We've seen one organization after another pursue a policy of setting baselines first and planning projects second. It makes no sense, it causes enormous difficulty for all involved and yet the practice persists. Why? What can be done about it?
The Solution
This workshop takes you on a guided tour through the sometimes wacky world of Preliminary Project Estimates and the Project Budgeting Process. It explains in detail steps that you and your management team can take to embrace the uncertainty that exists in preliminary estimates and use it in the planning process. Project Managers learn how to deliver estimates that make sense. Managers learn how to interpret estimation data in a way that allows rational budgeting. Attend this advanced project management workshop and learn how to make preliminary estimation and early project budgeting a Win - Win for everyone involved.
Audience:
This advanced PM workshop will benefit anyone who is involved with project time or cost estimates: project manager; project sponsor; PMO staff; project portfolio managers; and functional managers and executives with project responsibility.
Course duration:
Half day
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Why should I take this workshop?:
