Reliable if WBS from previous projects mirror the WBS needed for this project.

Best technique for identifying risk factors.

Takes most time and money to develop.

Used in organizations that use common methodology and/or that do similar projects.

Can be used if enough information is known for one of the major project phases.

Also known as Delphi technique and expert judgment.

Also known as Quantitative-based estimating.

Developed by identifying the

Can be used with other

Estimating Technique

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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