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Cost Estimating for Projects
Introduction
If you want to know the basics of project management, this guide and the others in The Neanderthal Series are available. The idea behind this series is to first concentrate on the basics and then progress to greater levels of complexity, if necessary. Seek simplicity first.
Project managers rarely get a 100 percent of the budget for their projects. Rather, they receive a large portion of the budget that they have to manage their projects. Project managers are expected to manage their projects within the monies made available, not the budget.
Learning Objectives
The learning objectives of this guide
•Identify different ways to categorize costs and the basic approaches to calculate their values
•Identify the different levels of confidence that affect the reliability of estimates
•Learn the rudiments behind estimating costs
•Recognize the benefits and challenges of cost estimating
•Understand the importance of setting aside reserves
If you want to know the basics of project management, this guide and the others in The Neanderthal Series are available. The idea behind this series is to first concentrate on the basics and then progress to greater levels of complexity, if necessary. Seek simplicity first.
Project managers rarely get a 100 percent of the budget for their projects. Rather, they receive a large portion of the budget that they have to manage their projects. Project managers are expected to manage their projects within the monies made available, not the budget.
Learning Objectives
The learning objectives of this guide
•Identify different ways to categorize costs and the basic approaches to calculate their values
•Identify the different levels of confidence that affect the reliability of estimates
•Learn the rudiments behind estimating costs
•Recognize the benefits and challenges of cost estimating
•Understand the importance of setting aside reserves
10 pages, Kindle Edition
Published December 22, 2016
1 person is currently reading
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