Opleiding: Estimate your Project Budget
Techniques for creating a realistic project budget
In this workshop, you will learn several techniques to create a realistic project budget and how to avoid pitfalls.
Costs, lead time, functionality, and quality are the key parameters for developing a project budget, but they also directly influence each other.
You will become familiar with the theory behind concepts such as the cone of uncertainty, time compression, and Parkinson’s law.
- Understand how to estimate the costs, effort, and duration of the entire project [Understand]
- Apply configuration and calibration to improve estimation output [Apply]
- Project Budget Template
- Estimate costs, effort and duration of a project
- Expected, Nominal, Pessimistic, Optimistic Value
- Provisional items
- Configuration and calibration
