Project Scheduling: Estimate Activity Durations
Estimate your project's activities using Expert Judgment, Analogy and Parametric estimating
Use the Three-Point Estimating Technique
Use statistics to develop an Interval Estimate with up to 99% confidence level
Showcase this hands-on experience in an interview
In this guided project you will learn how estimate the durations of your project activities. You will estimate the duration of your project activities, using techniques such as Expert Judgment, Analogy, and Parametric Estimation. Once you have developed a WBS (see Guided Project: Creating a WBS, for how to create one), and decompose the work packages (lowest elements in the WBS) into the necessary activities (See Guided Project: Creating a Project Network Diagram), you can use the bottom up estimation technique. To improve the accuracy of your estimate you will learn how to use the three-point estimation technique, taking into account risk and uncertainty. You will also learn how use statistics to come up with an Interval Estimate with a up to a 99% confidence level. Note: This project works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.
Skills you will develop
Learn step-by-step
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Sign in your Google Drive account, or create one, open a new Google Sheet and load your project WBS & project activities
Use the 1 point estimation technique
Use the three-point estimation technique
Improve your Estimate's accuracy
Develop an Interval Estimate with a confidence level
How Guided Projects work
Your workspace is a cloud desktop right in your browser, no download required
In a split-screen video, your instructor guides you step-by-step
Frequently asked questions
Frequently Asked Questions
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