• Take the methods, approaches, and theory and apply them to run real-world projects successfully
• Understand how to effectively establish stakeholder expectations
• Utilize exterior estimating models
• Incorporate analysis tools in the development of Use Cases and the Project Scope Baseline
• Pull consensus numbers from differing experts
• Extract risk estimates from SME time estimates
• Estimate contingencies for individual tasks or activities, and for your project as a whole
• Apply resources to your schedule, and understand their cost and time ramifications
• Proactively identify estimating risks
• Use real-world results to your budget in order to reliably estimate future costs
• Build critical metrics and use them to manage your projects
  
  

Use Function Point Analysis to measure the size and complexity of your project
Develop Use Cases that can be used to identify project requirements and time and cost estimates
Calculate the duration of your project using empirically proven estimation methods
Establish baseline staffing requirements for your project
Analyze Project Risks both qualitatively and quantitatively
Factor Risk Analysis into your project estimations of time and cost in terms of person-days and dollars
Create a Network Dependency Diagram to identify the Critical Path and the Critical Chain
Create and utilize a time-phased budget (Cost Baseline) for your project
Use Earned Value Technique (EVT) to track your project's progress and identify specific trouble areas
Revise budget-at-completion numbers to reflect the to-date efficiencies (or inefficiencies) of your project
Use decision analysis to determine proper strategies while at the same time using sensitivity analysis to judge the quality of your decision
Create strategies to effectively deal with both positive and negative risks to the project
Effectively establish expectations - what your customer expects from you and what you expect from your sponsor
Apply Monte Carlo analysis methods to your project’s estimates to significantly increase the reliability of those estimates
Identify those risks which are most common to your type of project
Present time and cost estimates to the customer, to upper-level management, and to your project sponsor that accurately represent the level of risk for the project
Manage your project's critical path in order to ensure proper resource allocation throughout the project
Use linear programming to determine which activities may be crashed for maximum cost effectiveness
Utilize the critical chain method to eliminate common estimating problems and produce a more reliable estimate
Understand how to manage project constraints in order to meet the customer's expectations

Draw from the best practices of PMI® and the IIBA® — Harness this combined experience in just three days.

You'll gain a practical understanding of how project requirements and estimation fit within the project management processes. Lively lectures are interspersed with insightful exercises that will immediately add important project estimation and management tools to your skill set. You'll also gain the ability to add value to your planning process through the proactive use of Project Risk Management Planning. Create the reliable scope, cost performance, and schedule baselines (the first time) that your project needs in order to maximize its chances for success. Regardless of your organization's environment, you can't afford to miss this course! Specifically, you will learn:

• Stakeholder Analysis Techniques
• Exterior Estimating for Determining Resource Requirements & Project Duration
• Function-Point Analysis with Use Cases
• Employing Use Cases in Requirements Gathering and Estimating
• Delphi Analysis
• Determining Critical Path & Critical Chain
• Qualitative & Quantitative Risk Analysis
• Sensitivity Analysis
• The Time-Phased Cost Budgeting
• Earned-Value Analysis