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Channel: Project Manager Training and Certification » Estimating Cost and duration
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Budget trade offs – 4PM.com

Budget trade offs are a key to managing the biggest challenge for executives, which is always the budget. If the IT Project Manager finalized his\her project plan and asked IT executives to approve it,...

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Overconfidence in Project Management – 4PM.com

Overconfidence in Project Management has lots of consequences some good some bad. Overconfidence affects project and their managers in lots of ways: 1. When PMs make commitments on completion dates 2....

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3-Point Estimates & Video

Far and away the best technique for developing estimates with your project team members is 3-point estimates. These are sometimes called PERT estimates (Program Evaluation and Review Technique). The...

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Project Estimates – 4pm.com

Project estimates are tough for every project manager and doing it well is often the difference between consistent success and frequent failure. Let’s look at some of the fantasies surrounding project...

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PERT Estimating – 4pm.com

PERT estimating is far and away the best technique for developing estimates with your project team members. PERT estimating is also known as Program Evaluation and Review Technique, or three-point...

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Project Estimation Techniques – 4pm.com

Project Estimation Techniques on a Project The first question a sponsor or your boss always asks about a project is how long will it take, how much it will cost and when you will be done. Those...

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Team Commitment – 4pm.com

Experienced project managers realize that having the project team commitment to the project and their tasks is a crucial ingredient in project success. Accordingly, many project managers use the three...

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Project Management Estimating – 4pm.com

Project management estimating is the most difficult chore in project management. Sponsors and stakeholders want to have precise data on what a project will cost, what it will produce and how long it...

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Project Cash Flow – 4PM.com

Making sure the project cash flow will be there Executives who are owners of the project approved the project plan and the project manager started the project. During execution stage, the finance...

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Time Estimates – Video

Time estimates are part of every project manager’s daily life. The question, “When are you going to be done?” is used so often that we ought to have an acronym. It’s also true that the accuracy of time...

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