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February 2020

What should a Project Estimate Comprise of? An Extended Definition of Estimate Class

The concept of estimate is often limited to cost estimate. However, the actual estimate of the project also consists of many other elements, including schedule and risk analysis – everything which can be used to establish a project performance measurement and control baseline. In this new White Paper 2019-08 \’What should a Project Estimate Comprise […]

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Benchmarking: How to Ensure Effective Feedback from Cost Estimating to Project Control and Back

One of the major challenges for project-driven organisations is the quality of cost estimating. It plays a significant role in the final success of a project. For less mature organisations, the quality of estimating often relies on the infamous ‘little black pocket booklet’ of an expert estimator. However, the quality of estimates can be greatly

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