Estimating and Lifecycle Costing Training



Structure of the course

The course consists of the following modules:

Cost estimating objectives; what can it achieve?

Key cost estimating concepts

Defining the overall cost estimate parameters
o Objectives
o Scope

Defining the work to be undertaken; producing the Work Breakdown Structure (WBS)
o Deliverables based WBS
o Resources based WBS
o Schedule based WBS
o Which WBS type to use?

Resource structuring and analysis

Cost estimating methods
o Analogous
o Parametric
o Bottom-up
o Which methods to use?

Computer aided estimating - what tools are available?

Overview of lower level / specific cost estimating techniques
o Hardware
o Software
o Information Technology
o Others


Last modified 30/10/10 by