Part 67: Bottom-Up Estimating

Part 67: Bottom-Up Estimating
(Project Schedule Management: Estimate Activity Durations)
(Project Cost Management: Estimate Costs)
(Project Resource Management: Estimate Activity Resources)

• In Bottom-Up Estimating, can estimate the cost and duration of the project
  • We cut the project into many small pieces
  • We estimate each piece individually
  • Then we add them all up to get the total estimate
• When you can’t estimate an activity, it should be decomposed into more detail
• Each activity may have dependencies that affect resources, and these dependencies should be documented