Management / Project Management

Estimating and pricing in projects and processes

The training develops practical skills for estimating labor and cost in projects and business processes. The program focuses on estimation techniques, risk analysis and estimation validation methods. Participants learn through workshops to apply various estimating approaches using proven tools and techniques. The classes are based on real project examples and take into account the specifics of different industries and project types.

Issues

Estimation methods
Estimation techniques
Risk analysis
Project budgeting
Control of implementation
Change management
Planning Poker
Decomposition of work
Scenario analysis
Project reserves
Monitoring deviations
Reporting progress

Benefits

The participant, upon completion of the training, will be able to effectively apply a variety of estimating techniques to projects
The ability to create reliable labor and cost estimates
To identify and incorporate risks in the estimating process
Will master methods for validating and verifying project estimates
Will be able to build realistic project budgets
Will learn techniques for monitoring and controlling the implementation of estimates
Will gain practical skills in managing changes in estimates

Who is this training for?

Project and program managers

Product Owners

Business analysts

Manufacturing team leaders

Managers responsible for budgeting

Project control specialists

Project team members

Persons responsible for valuation of works

Prerequisites

Basic knowledge of project management
Experience in project work
Knowledge of the basics of data analysis
Basic knowledge of budgeting

Training program

Factors affecting accuracy
Estimation in different methodologies
Building an estimation strategy

Planning Poker and relative estimation
Work decomposition techniques
Analysis of historical data
Bottom-up and top-down estimation

Identification of risks in estimating
Scenario analysis techniques
Time and budget reserves

Budgeting and control
Creating a project budget

Managing changes in estimates
Reporting of deviations

Delivery Methods

Online

Convenience of participating from anywhere
Interactive live sessions with trainer
Materials available for 30 days
No travel costs

On-site

Direct contact with trainer and group
Intensive hands-on workshops
Networking with other participants
Full focus on learning

Frequently asked questions

What are the prerequisites for this training?

For Estimating and pricing in projects and processes we recommend: Basic knowledge of project management; Experience in project work; Knowledge of the basics of data analysis.

What is the format and duration of this training?

The training lasts 1 day and is available in online and on-site format. Sessions run from 9:00 AM to 4:00 PM. We can also customize the schedule to fit your team's needs.

Who is this training designed for?

This training is designed for: Project and program managers; Product Owners; Business analysts.