Easily Estimate Projects and Products

Estimating and forecasting don’t have to be time-consuming or difficult. This course will teach you how to use Microsoft Excel and a freely licensed estimation technique called Statistical PERT to easily estimate your projects and products.
Course info
Level
Beginner
Updated
Mar 14, 2019
Duration
2h 50m
Table of contents
Course Overview
Why Do You Estimate Anything?
Predicting vs. Forecasting (And Why Forecasting Is Better)
Introducing Statistical PERT Normal Edition
Using Statistical PERT
Understanding a Statistical PERT Template
Modifying a Statistical PERT Template
Description
Course info
Level
Beginner
Updated
Mar 14, 2019
Duration
2h 50m
Description

Have you ever had a difficult time creating a project schedule or budget or been unsure how to forecast when new features will be ready for your agile-developed product? If so, this is the perfect course for you. In this course, Easily Estimate Projects and Products, you will learn how to easily create estimates for any uncertainty that has common, bell-shaped risk characteristics, like how much a project will cost or how long it will take to develop features on your product backlog. First, you’ll learn the difference between estimates, predictions, and forecasts and why forecasts are superior to predictions. Next, you'll explore how to easily create probabilistic estimates using Statistical PERT. Finally, you’ll discover how Statistical PERT models your project and product uncertainties using the normal probability distribution curve. When you’re finished with this course, you'll not only know how to use Statistical PERT to confidently estimate your project and product uncertainties, but you'll know how to modify Statistical PERT to create even better forecasts in the future. Software required: Microsoft Excel 2010 or later.

About the author
About the author

William is an experienced Scrum Master, agilist, and project manager who creates positive transformations through training, coaching, and mentoring software development teams.

More from the author
Scrum Essentials Exam Prep
Intermediate
3h 7m
Oct 8, 2018