Estimating and Risk Management

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Introduction

Overview

Workshop Logistics Workshop Materials

How to Get the Most Out of This

Workshop Objectives

Definitions and Concepts

Estimating

Reasons for Estimating a Project Accuracy in Estimating

Obstacles to Good Estimating Enabling Good Estimating Approaches to Estimating Metrics Used in Estimating

Techniques Used in Estimating

Project Sizing

Project Sizing Fuzzy Logic

Direct Comparison Models

Rayleigh Model

Life Cycle Resource Distribution

Function Point and Delphi Technique Function Points

Estimating Costs

Estimating Costs

Estimating Effort

Parametric Models

Function Point Estimating

What Do You Count in Function Point

Estimating

Function Point Estimating Information General System Characteristics Task Based Estimating Estimating Task Effort Resource Profiling

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Estimating Duration

Estimating Duration Effort Conversion

Statistical Analysis of Project Length Weighted Average Results

Beta and Normal Distributions Normal Distribution and Standard

Deviation

Calculating Expected Time for the

Project

Using a Z Table to Calculate Probability

Answer

How Long Should the Project Be

When Should You Use this Technique

Risk Management

Dealing with Risk Risk Measurement Risk Impact

Risk During Project Life Cycle Psychology of Risk

Project Risk Management Processes Risk Management Planning Definition Risk Management Plan

Function Point Estimating Process Steps