6-estamp;IPP.pptVIP

Session Objectives Know the most common estimating methods Know where to find estimating resources and tools Believe in the importance of documenting assumptions when making estimates Know the contents of an integrated project plan Five major activities for developing the integrated project plan: 1. Agree on project objectives 2. Define milestones 3. Assign high-level roles and responsibilities 4. Define and plan project activities 5. Develop the project schedule Identify activities required to achieve milestones Allocate responsibilities among team members Estimate the effort and cost Consider contingency Identify dependencies Estimating Tips Document assumptions Use recognized estimating guidelines Get a second independent estimate Make allowance for learning curves, holiday periods, training, etc. Get client agreement on estimating method and assumptions Include contingency Update estimates Estimating Practice Deliverable How many bottles of Oxygen will be needed for the JDI expedition? R 10 from the pre-reading assignment (in your participant guide under the tab for this session on Estimating IPP) O To demonstrate pitfalls in estimating P Work in pairs??? for XXX minutes. Be prepared to share your results and the assumptions you made. Definition: A consolidated document that demonstrates how project objectives will be accomplished Reflects all seven of the Keys Summarizes the resources required, time, effort, and cost of performing the project Explicitly defines both the work relating to the project (i.e., the service delivery) and the activities needed to manage and control the project Consolidates all planning outputs (MS-Project plans, stakeholder management plan, or risk management plan, etc.) Value proposition Contract Milestone plan Responsibility matrix Project organization chart, governance structure, escalation levels Assumptions and estimates Change control process Risks and mitigations Route map MS-Project Plan Budget Estimating and Integrat