Title: Class Outline 15
Course: KVCC BUS208 > Section: Class Outlines

Estimating Project Times and Costs

1.      Introduction

2.      Why it is important

3.      Factors influencing the quality of estimates

a.      Planning Horizon

b.      Project Duration

c.      People

d.      Project Structure and Organization

e.      Padding Estimates

f.       Organization culture

g.      Other Factors

4.      Estimating guidelines for times costs and resources

a.      Responsibility

b.      Use Several People

c.      Normal Conditions

d.      Time Units

e.      Independence

f.       Contingencies

g.      Adding risk assessment to the estimate helps to avoid surprises to stakeholders

5.      Top Down vs Bottom Up

a.      Statements heard

b.      When each style is preferred

c.      Top Down

d.      Bottom up

e.      Preferred Approach

6.      Top Down

a.      Consensus Methods

i.           Delphi Method

b.      Ratio Methods

c.      Apportion Methods

d.      Function Point Methods for Software and System Projects

e.      Learning Curves

Attached Files: | - KVCC BUS208_ProjectMgmt_Outline 15.pdf