estimation of resources in project management

Expert Solution

There are various project management takes places in the every field engineering, health care, agriculture. The in charge of project aligns six main categories, which are scope, cost, time, resources, and risk in order to accurately estimate project. Here are some following questions to be used while estimating project.

What is the scope of project?

How much cost is involved in this project?

How much it requires completing the project?

Who will be doing the project?

The main parts of project are effort estimation, cost estimation, resources estimation

Resources estimation

The resources are estimated according to some tools and techniques. There by objective of resource estimate is attained. Her e project managers are listing of all resources that to be used in the project. Here there are 5 tools and techniques are introduced to resource estimate project.

1. Judgment of experts: involving of some experts who have completed this type of projects and getting information from in order to achieve the goal project.

2. Alternative analysis: getting different opinion from others regarding allocating of resources and also considering the type of resources and number of resources. By cresting alternative solution, the adjust the resources according the possibilities of the situation.

3. Published estimated data and analogue estimate: the managers of the project use and collect data from the article, news, studies and research. Then they analyze and publish data from other organizations. Many organization knows the how to assess and collect resource and use them

4. Project management software: some soft ware has unique feature like estimating the resources. The project managers use them effectively in their field by estimating needs and constraints of resources.

5. The bottom up estimate: main broader complex tasks are broken down into simple steps and assess the need for resources in each small step. Then small and individual are added into total estimate to calculate estimate of resources

Nightingale answered 1 year ago

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