Project Management Institute

Project Estimation Best Practices in a Multi Project Matrix Environment with Brad Malone

Description

Topics: Project Management | Complexity | Resource Optimization Technique | Time Management Scheduling

Resource estimation in a multiple-project, shared-resource matrix environment must be a collaborative effort between resource managers, project managers, and portfolio managers.  Most organizations rarely have these roles work together in the formation, application, tracking and correlation of resource and project estimates.  They also rarely collaborate in developing the tools to be used – and thus the tool suite is designed in a silo-based approach with a specific purpose in mind: portfolio management system, resource management system, project management lifecycle; and project schedules. This workshop will discuss the knowledge which can and must be shared in order for estimation to become more accurate and for critical resources to be used more effectively.

What You Will Learn

  • Recognize the different types of estimates and estimating processes and use the variety of tools which can be used to determine and track estimates
  • State the definitions of precision, accuracy, assumptions, constraints, uncertainty and risk
  • Apply the use of a phased or gated project life cycle in the continual refinement of estimates 
  • Collaboratively share estimating information within the organization and continually update the resource and project forecasts
  • Know the distinction of the roles and responsibilities of Project Managers, Resource Managers, Portfolio Managers, and Project Team Members
  • Refine estimates based on tracking and communicating status, progress and forecasting

Seminar Instructor(s)

Bradley

Bradley Malone PMP

Bradley A. Malone, president of Twin Star Consulting Company, a project management and corporate transformation consulting company, has managed numerous large hardware, software development, and integration projects. He has directed many project management process implementation, and improvement efforts for major corporations. He develops and instructs training courses in basic and advanced project management skills, team building, and facilitation skills. He leads project management audit teams for commercial and government clients, and consults with a wide variety of customers on project and quality management implementation issues. Mr. Malone holds the Project Management Professional (PMP)® certification from Project Management Institute and is a certified Master Practitioner of Neuro-Linguistic Programming[tm].

Course Information

PDUs
0
CEUs
0
Level
Applied
Length
2 Days
Dates
7 - 8 October 2020

Price

Member Price
US$1560.00
(US$1456.00 before 5 August)
Non-Member Price
US$1862.00
(US$1612.00 before 5 August)
Government Pricing
US$1456.00

Not a PMI Member?

Become a member and take advantage of the knowledge and networking available near you through local PMI chapters.

Join PMI