Time and Resource Estimation

1. Make Decisions

2. Schedule our Work

3. Determine How Long the Project Should Take

4. Determine Much the Project Should Cost

5. Determine If the Project is Worth Doing

6. Develop Cash Flow Needs

7. Develop Project Baselines

Risky Time EstimatesToo-Low

Risky Time EstimatesToo-Low

Risky Time EstimatesToo-High

Risky Time EstimatesToo-High

Our Project Project B Project C Project DProject E Project G

Time and Resource EstimationTop-Down (Macro)

Activity A

Activity B

Activity C

Activity D

Activity E

Activity F

Bottom-up (Micro)

Time and Resource Estimation