From the course: Project Management Foundations: Schedules
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Methods for estimating activities - Microsoft Project Tutorial
From the course: Project Management Foundations: Schedules
Methods for estimating activities
- There are many methods for estimating duration and work. The best one for each project depends on the project, your organization's methodology, available historical data, and resources. If you have information about a similar project in the past or team members' performance on other projects, incorporate that data. Estimating based on previous actual results is a great way to get an accurate estimate. Another method is to ask people who understand the work to estimate it. For example, give team members the big picture of the project and describe the activities. Have them estimate how long it would take them to complete the work. Another option is to ask experts, like senior employees or external consultants. There are two sensible actions to take when you get estimates from others. One, you can trust that the estimates are good. Or two, if you have your doubts, get a second opinion. Expanding on the concept of…
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