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:
- Define terms related to scheduling.
- Be able to calculate parametric estimates.
- Understand how cost and time are summarized in a WBS.
- Understand the process of decomposition is used to create a WBS.
- Understand the difference between a deliverable and work package.
- Understand the WBS numbering system.
- Understand top-down estimation methods.
- Understand bottom-up estimation methods.
- Be able to calculate learning curves and apply them.
- Discuss issues related to moving from the planning phase of a project to the scheduling phase.
- 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.