More details about this course: In-Class Workshops and Group Exercises:
Draw from the best practices of PMI® and the IIBA® — Harness this combined experience in just three days.

You'll gain a practical understanding of how project requirements and estimation fit within the project management processes. Lively lectures are interspersed with insightful exercises that will immediately add important project estimation and management tools to your skill set. You'll also gain the ability to add value to your planning process through the proactive use of Project Risk Management Planning. Create the reliable scope, cost performance, and schedule baselines (the first time) that your project needs in order to maximize its chances for success. Regardless of your organization's environment, you can't afford to miss this course! Specifically, you will learn:

• Stakeholder Analysis Techniques
• Exterior Estimating for Determining Resource Requirements & Project Duration
• Function-Point Analysis with Use Cases
• Employing Use Cases in Requirements Gathering and Estimating
• Delphi Analysis
• Determining Critical Path & Critical Chain
• Qualitative & Quantitative Risk Analysis
• Sensitivity Analysis
• The Time-Phased Cost Budgeting
• Earned-Value Analysis

Immediate Benefits of Taking This Class:

1. Use Function Point Analysis to measure the size and complexity of your project
2. Develop Use Cases that can be used to identify project requirements and time and cost estimates
3. Calculate the duration of your project using empirically proven estimation methods
4. Establish baseline staffing requirements for your project
5. Analyze Project Risks both qualitatively and quantitatively
6. Factor Risk Analysis into your project estimations of time and cost in terms of person-days and dollars
7. Create a Network Dependency Diagram to identify the Critical Path and the Critical Chain
8. Create and utilize a time-phased budget (Cost Baseline) for your project
9. Use Earned Value Technique (EVT) to track your project's progress and identify specific trouble areas
10. Revise budget-at-completion numbers to reflect the to-date efficiencies (or inefficiencies) of your project
11. Use decision analysis to determine proper strategies while at the same time using sensitivity analysis to judge the quality of your decision
12. Create strategies to effectively deal with both positive and negative risks to the project
13. Effectively establish expectations - what your customer expects from you and what you expect from your sponsor
14. Apply Monte Carlo analysis methods to your project’s estimates to significantly increase the reliability of those estimates
15. Identify those risks which are most common to your type of project
16. Present time and cost estimates to the customer, to upper-level management, and to your project sponsor that accurately represent the level of risk for the project
17. Manage your project's critical path in order to ensure proper resource allocation throughout the project
18. Use linear programming to determine which activities may be crashed for maximum cost effectiveness
19. Utilize the critical chain method to eliminate common estimating problems and produce a more reliable estimate
20. Understand how to manage project constraints in order to meet the customer's expectations
    

Who Should Attend This Course:

• Any project professional who wants to develop a tool kit of skills and techniques to tackle their job more efficiently and successfully
• PMPs who need PDUs or IIBA CDUs but don’t want the same old Project Management song and dance class
• Project professionals work with or doing business analyst work
• Project professionals in any industry needing to develop strong, reliable and real-world estimating and metric development skills