Business Analysis Lunch and Learn – Estimation
What’s in a number? It’s just a number, right? Not really – in business, and life, we depend on our estimating skills to help us reduce risk, and make decisions. We estimate every day, without even thinking about it. How long will it take to cook supper? How much can I spend on a new car? How long will it take to negotiate these requirements?
This Lunch and Learn focuses on estimating, with the objective of helping you understand how to create an estimate that is “defensible”. We’ll review types of estimates, estimating factors, commonly used estimating terms and best practices. We’ll also take a short look at functional decomposition – breaking tasks into smaller chunks so that they can be more easily understood and estimated. At the end of this session, you should be able to:
- Distinguish between types of estimates
- Identify common estimating factors
- Confidently create a defensible estimate
Parking is limited in the area, and public transportation is advised.
Who should attend?
Business analysts, functional and technical analysts, change managers, project managers – really, anyone looking to expand their business analysis toolkit!
Ruth Younie, CBAP, PMP, VP Education, IIBA Edmonton Chapter