Title: Class Outline 17
Course: KVCC BUS208 > Section: Class Outlines

1.      Review

2.      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

3.      Bottom up

a.      Template Methods

b.      Parametric Procedures Applied to specific tasks

c.      Range Estimating

d.      Phase Estimating

4.      Comparison

5.      Level of Detail

6.      Types of Cost

a.      Direct

i.           Labor

ii.           Materials

iii.           Equipment

iv.           Other

b.      Direct Project overhead costs

c.      General and administrative overhead costs

7.      Refining Estimates

a.      Multipliers

b.      Problems with estimating

i.           Interaction costs hidden in estimates

ii.           Normal conditions do not apply

iii.           Things go wrong

iv.           Changes in project scope and plans

v.           Overly Optimistic

vi.           Strategic misrepresentation

c.      Adapting

8.      Mega Projects Highlight

a.      Reference Class Forecasting

9.      Creating a Database for Estimating

Attached Files: | - KVCC BUS208_ProjectMgmt_Outline 17.pdf