Types of Construction Cost Estimates (#14 in the Hut Project Management for Construction) By Chris Hendrickson Construction cost constitutes only a fraction, though a substantial fraction, of the total project cost. However, it is...
Approaches to Cost Estimation in Construction Project Management (#13 in the Hut Project Management for Construction) By Chris Hendrickson Cost estimating is one of the most important steps in project management. A cost estimate...
Estimating Lessons Learned in Project Management – Agile Methods (#3 in the series Estimating Lessons Learned in Project Management) By Thomas Cutting One of the most pathetic looking sights on the highway is a...
Estimating Lessons Learned in Project Management – Traditional (#2 in the series Estimating Lessons Learned in Project Management) By Thomas Cutting Estimating is probably the hardest part of any project. My wife will attest...
Utilizing Earned Value Management During Economic Downturn By Kevin L. Smith, MBA, PMP The current economic turmoil that is impacting the globe is forcing corporations to creatively identify opportunities to cut cost. CFOs are...
Common Tools for Cost Estimating in Project Management By John Filicetti Some of the tools the project manager can employ for cost estimating are: Resource rates – The individual or group preparing the estimates...
Cost Estimating in Project Management – A Definition By John Filicetti Estimating is a critical component of a Project Management Process or methodology. Estimates are used for budgeting, planning, forecasting, resource planning, and staffing....
Earned Value Management (EVM) Example – Predicting Cost/Finish Date By Umesh Dwivedi The best way to understand an EVM example is to solve it. Problem A project is budgeted for $10M and scheduled for...
Estimating Resource Requirements – Non-Person Resources (#9 in the Hut A Quick Guide to Project Management) By Manjeet Singh You may also need to factor in the availability of nonperson resources such as supplies,...
Use Project Estimation Tools (#16 in the series 21 Project Management Success Tips) By Karl E. Wiegers Many commercial tools are available to help you estimate entire projects. Based on large databases of actual...
