Project Estimating

Estimating is a critical part of project planning, involving a quantitative estimate of project costs, resources or duration. One conundrum in estimating, especially for public-sector projects, is that bidders sometimes make overly optimistic estimates in order to win the business.

  • PM Network

    PMO Possibilities registered user content locked

    By Scott, Lindsay Lindsay Scott, direct of program and project management recruitment at Arras People (London), offers career advice for project practitioners looking to move up into program management and for…

  • PM Network

    Delivering on a Promise registered user content locked

    By Cohen, Yael The way your organization handles proposals has a big impact on the projects themselves. That makes it crucial for project managers to pay attention to the proposal process.

  • PM Network

    Safety in numbers registered user content locked

    By Rockwood, Kate Every project has risks. Whether the cost of a building material suddenly spikes, the value of a currency nose-dives or the regulatory landscape changes mid-project, realized risks can kill a…

  • Estimating

    By Meyer, Werner G. Estimation is at the heart of most project disciplines, and project cost and time overruns can often be traced back to inaccurate estimates. Estimation requires human involvement to create a…

  • How much does this cost?

    By Leybourn, Evan How much will this cost? How long will it take? What am I going to get? These are the questions that every agile project gets asked at some point. And while "as much as you're willing to spend," "as…

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