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Estimating and Risk Management
12.00 Professional Development Units (PMI)
Delivery Options
- Live Online Training - Public Class (): $990.00 (Register)
- Customized Onsite Training (2 days): Request a Proposal
| Class Date and Time |
Price
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$990.00
or 2 vouchers
vouchers
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| $990.00 or 2 vouchers vouchers | ||
| $990.00 or 2 vouchers vouchers | ||
| $990.00 or 2 vouchers vouchers | ||
| $990.00 or 2 vouchers vouchers | ||
| $990.00 or 2 vouchers vouchers |
Class Description
Class Overview
Software projects present their own unique set of characteristics and concerns, including development costs, speed of completion, quality and reliability. Mastering best practices for estimation and risk management techniques is critical if one expects to deliver projects on time and within budget. This Estimating and Risk Management training not only helps students become more proficient at estimating the parameters of a project's time, cost and performance, but also demonstrates the most effective methods of identifying and quantifying risks.
Class Goals
- Learn basic Project estimating concepts
- Learn to use models to size Projects
- Learn to estimate costs and effort
- Learn to estimate effort using multiple models
- Learn to estimate duration
- Learn to calculate expected time for the project
- Learn to measure risk and determine its impact
- Learn to structure and categorize risk
- Learn to use qualitative and quantitative risk analysis
- Learn techniques for Risk Response planning
- Learn to monitor and control risk
- Learn to improve estimating success
Class Outline
- 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 & Problem Definition
- Project Sizing
- Project Sizing
- Direct Comparison
- Models
- Rayleigh Model
- Life Cycle Resource Distribution
- Function Point and Delphi Technique
- Estimating Costs
- Estimating Costs
- Estimating Effort
- Estimating Effort
- Parametric Models
- Function Point Estimating
- Function Point Estimating Process Steps
- What Do You Count in Function Point Estimating
- Function Point Estimating Information
- General System Characteristics
- Task Based Estimating
- Estimating Task Effort
- Resource Profiling
- 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
- Risk Identification
- Risk Identification Definition
- Effect on Project Success Factors
- Project Success Factor Chart
- Structuring by Project Management Knowledge Areas
- Structuring by Category
- Risk Influencing Factors
- Documentation Review
- Historical Information
- Other Information Gathering Techniques
- Qualitative Risk Analysis
- Definition
- Example Table from the PMBOK
- Outputs
- Quantitative Risk Analysis
- Definition
- Techniques
- Outputs
- Risk Response Planning
- Risk Definition
- Techniques
- Outputs
- Risk Monitoring and Control
- Definition
- Assessing Success
- Tools and Techniques
- Recognizing New Risks
- Outputs
- Success Factors
- Infrastructure
- To Improve Estimating Success
- Summary and Conclusion
- To Develop Good Estimates
- To Effectively Manage Risks
Class Materials
Each student in our Live Online and our Onsite classes receives a comprehensive set of materials, including course notes and all the class examples.
Technical Requirements
Our computer technical requirements and setup process is easy, with support just a click away.
- Instructor-led Online course technical requirements and setup instructions.
- WebEx system requirements for Instructor-led Online delivery option.
- Onsite course technical requirements and setup instructions.
Client Success
Join The Team
- Learn how you can become a Webucator Trainer
- Career Opportunities
Locations
- Where We've Trained
- We have trainers all over North America.
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Webucator is a Registered Education Provider (R.E.P.) approved by PMI to issue professional development units (PDUs) for our training courses.