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Project Management for Engineers Unit 5: Estimating

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1 Hour
Unit overview

This unit will examine a number of estimating techniques that can provide differing levels of accuracy at various points in a lifecycle. The purpose of project estimating is to answer a variety of questions at different times in a project and to provide realistic information on which to base decisions.

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Further Information
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Level Professional
Partner Details

Steve Browne is a highly experienced project management practitioner and a very popular trainer on the subject. He has managed projects both large and small, including the delivery of multi-million-pound projects and programmes involving more than one country.

Steve has delivered project management training to a wide range of audiences, technical and non-technical, including 10 Downing Street, as well as public, private and VCSE sector organisations across the country.

He is a member of the Association for Project Management (APM) in the UK and of the Project Management Institute (PMI) in the USA. He holds qualifications from both the APM and PMI as well as being a qualified practitioner and accredited trainer for PRINCE2, Agile Project Management, Change Management and Better Business Cases. He also holds qualifications in Benefits Management and the agile method Scrum.

Type Unit
What you will learn
By the end of this unit, you will be able to:

• Distinguish between different estimating methods.
• Describe the key elements of each estimating method.
• Determine which technique to use at each point in the project lifecycle.
• Establish confidence levels to support estimates.
• Use different methods with confidence.
Who should learn
Engineers, Line managers, Anyone responsible for leading a project (many managers have to manage projects of one sort or another, regardless of whether they would regard themselves specifically as project managers).