Overview
Demonstrate an understanding of estimating a unit of work and the implications of late delivery, work unit estimation is the process of predicting the effort, time, and resources needed to complete a specific task or unit of work within a project.
Description
Showcase skills in interpreting cost/benefit analysis documentation and providing time and cost estimates for specific work elements. They exhibit an understanding of how delayed delivery impacts work elements, showcasing comprehensive knowledge in project planning and management.
Course Content
Unit 1: Demonstrate the ability to interpret given cost/benefit analysis documentation
- The demonstration identifies different parts of a cost/benefit analysis
- The demonstration explains the purpose of the different parts of a cost/benefit analysis
Unit 2: Prepare a time estimate for an element of work
- The time estimate is based on a breakdown of the component in the logical parts for estimating
- The time estimate is based on an understanding that the estimate should include the implementation/testing of interfaces to other components where applicable
Unit 3: Prepare a cost estimate for an element of work
- The cost estimate is based on a breakdown of the component in the logical parts for estimating
- The cost estimate is based on an understanding that the estimate should include the implementation/testing of interfaces to other components where applicable
- The cost estimate demonstrates an understanding that being assisted by other resources or people could escalate the costs
Unit 4: Demonstrate an understanding of the affect of late delivery of an element of work
- The demonstration confirms the understanding that an element delivered is often a subset of a bigger deliverable
- The demonstration explains the affect of late delivery on other related components
Accreditation
- Non-accredited: Short course only
- Duration: 1h 30m
- Delivery: Classroom/Online/Blended
- Access Period: 12 Months
