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The secret weapon to precise project planning: Parametric estimating (with examples!)

Rebel’s Guide to PM

What is parametric estimation? Parametric estimating is a form of project estimation that works for time, resource and cost estimates. It uses parameters (characteristics) to create estimates based on what you already know, so in that respect it’s useful for a project manager because it’s reliable.

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Gantt Diagram: A How-to Guide with Example and Templates

ProjectManager.com

We’ll show you how to build one from scratch or download free templates to get started. Learn the components of a Gantt chart and see how to use one in a real-life scenario to better illustrate its worth. There is then a column for the start and end dates and another that estimates the task duration.

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How to Write a Client Brief (Example & Template Included)

ProjectManager.com

The client will include all the information the agency needs to understand the client’s needs, including the available budget, estimated timeline and other details in the client brief. How to Write a Client Brief Writing a client brief provides clarity and eliminates uncertainty in the working relationship between a client and the agency.

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How to Make a Timeline in PowerPoint (Template Included)

ProjectManager.com

Timelines allow organizations to estimate how long it will take to execute a project, no matter what industry they’re in. This is done by identifying all the tasks that will be executed, estimating their duration and then determining their start and end dates. In this blog, we’ll explain how to create a timeline in PowerPoint.

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Drive Better Results for Your Professional Services Firm Part 2: Deliver Profitable Projects

Speaker: Patrick Connally and Andy Yeomans

Inaccurate or unrealistic project estimates, ineffective resource management, and lack of visibility into project burn rates and progress can all negatively impact the overall performance and profitability of a project. Many factors can impact the ultimate profitability of professional services projects.

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Project Review Process: A How-to Guide

ProjectManager.com

We define the term and list the types before going into how to conduct a project management review. How to Conduct a Project Management Review When conducting a project review it’s important to understand project constraints, which are limitations that can impact a project’s execution and success.

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How To Be An Estimating Superhero

Rebel’s Guide to PM

A statistical model for estimating isn’t normally something I’d put in the ‘make my job easy’ box, but I might just have found one that works. He’s taken the PERT (Project Evaluation and Review Technique) estimating approach to the next level by letting you add a dash of professional judgement in with the numbers. OK, I get it.

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