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Module 7: Estimating Project Times

In this module you will use the Work Breakdown Structure to develop the Project Plan.

Learning Objectives

After reading this chapter, you will be able to:

  1. Define terms related to scheduling.
  2. Be able to calculate parametric estimates.
  3. Understand how cost and time are summarized in a WBS.
  4. Understand the process of decomposition is used to create a WBS.
  5. Understand the difference between a deliverable and work package.
  6. Understand the WBS numbering system.
  7. Understand top-down estimation methods.
  8. Understand bottom-up estimation methods.
  9. Be able to calculate learning curves and apply them.
  10. Discuss issues related to moving from the planning phase of a project to the scheduling phase.
  11. Explain concepts related to the critical path method including schedule compression.

Text Attributions

This chapter of Project Management is a derivative the following texts:

Essentials of Project Management by Adam Farag is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

License

Icon for the Creative Commons Attribution 4.0 International License

Project Management Basics Copyright © by Sharon Blanchard is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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