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What Every IT Professional Should Know about Estimating

This seminar focuses on techniques used to create estimates.

You Will Learn How To

  1. Identify the fundamentals of a good estimate
  2. Understand and apply the different estimating techniques
  3. Identify the guidelines to follow when estimating
  4. Given a situation, identify which order of magnitude of estimate you could complete
  5. Arrange in order the steps for explaining estimates to stakeholders.
  6. Identify information you should document for an estimating database.

Who Should Attend

This course is intended for project managers, testers, business systems analysts, software designers, information architects, user interface designers, and others who want to understand estimating and create better estimates.

Course Content

Unit 1: Cost Estimating Introduction

  • Define cost estimating terms and key concepts
  • Explain the characteristics of a 'good' estimate

Unit 2: Fundamentals of Estimating

  • Identifying what needs to be estimated
  • The different types of estimates

Unit 3: Estimating Techniques

  • Describe seven(7) key techniques for developing estimates
  • Explain the major pros and cons of the various estimating techniques
  • Create estimates using different estimating techniques

Unit 4: Creating the "Basis of Estimate"

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