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Top-Down Time Estimation in Project Management.

Date post: 15-Jan-2017
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Top-Down (Macro) Analogous estimating Parametric estimating Learning curves Function point analysis
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Page 1: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

• Analogous estimating • Parametric estimating • Learning curves • Function point

analysis

Page 2: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Analogous estimating

Analogous estimating involves comparing a proposed project to a similar past project to estimate the duration or cost

Page 3: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Analogous estimating

Page 4: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Analogous estimating

Page 5: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Analogous estimating

Page 6: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Parametric estimating

Parametric estimating involves calculating our estimates based on industry benchmarks.

Page 7: Top-Down Time Estimation in Project Management.

Top-Down (Macro)Parametric estimating

2500 ft2 costs $100,000 or $40 per ft2

Page 8: Top-Down Time Estimation in Project Management.

Top-Down (Macro)Parametric estimating

Estimate for a 2000 ft2 House: $40.00 per ft2 X 2000 = $80,000

Page 9: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Page 10: Top-Down Time Estimation in Project Management.

http://www.reedconstructiondata.com/

Page 11: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Learning Curves

The more times a task has been performed, the less time will be required on each subsequent iteration.

Page 12: Top-Down Time Estimation in Project Management.

Learning CurvesTi

me

to C

ompl

ete

0

25

50

75

100

Number of Units Produced

100 150 200 250 300 350 400

Top-Down (Macro)

Page 13: Top-Down Time Estimation in Project Management.

Top-Down (Macro)

Function Point AnalysisA function point is the amount of functionality of an information system (as a product). Function points measure software size.

Page 14: Top-Down Time Estimation in Project Management.

Function Point AnalysisData Functions

Internal Logical Files External Interface Files

Transactional Functions External Inputs

External Outputs External Inquiries

Top-Down (Macro)

Page 15: Top-Down Time Estimation in Project Management.

Function Point AnalysisCategory Number Complexity Sub-Total

EI 3 3 9EO 4 7 28EQ 2 4 8ILF 5 7 35

TOTAL 80

If one function point is an equivalent of eight hours of work in C++ language, then

our project will take (80*8)=640 hours

Top-Down (Macro)

Page 16: Top-Down Time Estimation in Project Management.

Time and Resource EstimationTop-Down (Macro)

Activity A

Activity B

Activity C

Activity D

Activity E

Activity F

Bottom-up (Micro)


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