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Project Task Duration Estimation
Prodea Florin, an IV-CTI
Steps in estimating
• A statement of scope or scope document that defines what
the project is and is not
• A task list in the form of a work breakdown structure (WBS)
• The task details defined (not simply a list of task names)
• Duration estimations provided by the team
• Task dependencies (schedule and risks) clarified
• Schedule risks identified, such as:Critical Path? (longest
consecutive, slack-less path)
• Planned schedule risk mitigation
Duration estimation ala PERT
• Program Evaluation and Review Technique (PERT) originated
in the 1950s during the U.S.N. Nautilus nuclear submarine
project.
• terminology and concepts:
– Optimistic = O
– Most likely = ML
– Pessimistic = P
– Task variance
– Normal distribution
– Task duration as a continuum of possibilities (probability)
PERT equation = [(O + 4 x ML + P) / 6]
Expanding the interval
• Expanding the confidence interval
• Cone of uncertainty:
• Impact on target date estimate:
What about reviews?
• Reviews are a primary feedback mechanism.
• For reviews to really work:
– Consider frequent in-process reviews
– No more than 30 days apart
– Update client after each review
– Eliminate surprises (this way the project wont be more 30 days out of
whack!)
• References:
• http://www.projectmagazine.com/planning/50-time/397-project-task-duration-estimation

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Project task duration estimation

  • 1. Project Task Duration Estimation Prodea Florin, an IV-CTI
  • 2. Steps in estimating • A statement of scope or scope document that defines what the project is and is not • A task list in the form of a work breakdown structure (WBS) • The task details defined (not simply a list of task names) • Duration estimations provided by the team • Task dependencies (schedule and risks) clarified • Schedule risks identified, such as:Critical Path? (longest consecutive, slack-less path) • Planned schedule risk mitigation
  • 3. Duration estimation ala PERT • Program Evaluation and Review Technique (PERT) originated in the 1950s during the U.S.N. Nautilus nuclear submarine project. • terminology and concepts: – Optimistic = O – Most likely = ML – Pessimistic = P – Task variance – Normal distribution – Task duration as a continuum of possibilities (probability) PERT equation = [(O + 4 x ML + P) / 6]
  • 4. Expanding the interval • Expanding the confidence interval • Cone of uncertainty: • Impact on target date estimate:
  • 5. What about reviews? • Reviews are a primary feedback mechanism. • For reviews to really work: – Consider frequent in-process reviews – No more than 30 days apart – Update client after each review – Eliminate surprises (this way the project wont be more 30 days out of whack!)