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Duration Estimating Worksheet: Parametric Estimates

This document contains a duration estimating worksheet for a project. It includes sections for parametric estimates, analogous estimates, and three-point estimates. The parametric estimates section includes effort hours, resources, availability, performance factors, and calculated duration estimates for tasks. The analogous estimates section compares current tasks to previous similar tasks. The three-point estimates section provides optimistic, best guess, and pessimistic durations and calculates expected durations using PERT and triangular distribution methods.

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0% found this document useful (0 votes)
145 views10 pages

Duration Estimating Worksheet: Parametric Estimates

This document contains a duration estimating worksheet for a project. It includes sections for parametric estimates, analogous estimates, and three-point estimates. The parametric estimates section includes effort hours, resources, availability, performance factors, and calculated duration estimates for tasks. The analogous estimates section compares current tasks to previous similar tasks. The three-point estimates section provides optimistic, best guess, and pessimistic durations and calculates expected durations using PERT and triangular distribution methods.

Uploaded by

bangipool
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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DURATION ESTIMATING WORKSHEET

Project name: Project ID:


Project manager: Project Sponsor:

PARAMETRIC ESTIMATES
Estimate ID WBS ID Task/Activity Effort hours Resource % Available Performance factor Duration estimate
ID quantity (hours)

[unique ID [WBS ID of [Task or [Effort hours] [No. resource [% time available [Average PF = 1.0. More skilled [Effort/(quanity x
for this activity] activity ID] e.g. 2 people] per day or week the lower the factor e.g. 0.8. percent available x PF)
estimate] e.g. 75%] Less skilled higher e.g. 1.2] = duration estimate]

1-3P 1.2.1.3 26 150.00 2.00 75.0% 0.8 125

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Estimate ID WBS ID Task/Activity Effort hours Resource % Available Performance factor Duration estimate
ID quantity (hours)

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Estimate ID WBS ID Task/Activity Effort hours Resource % Available Performance factor Duration estimate
ID quantity (hours)

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DURATION ESTIMATING WORKSHEET
Project name: Project ID:
Project manager: Project Sponsor:

ANALOGOUS ESTIMATES
Estimate ID WBS ID Task/Activity Previous activity Previous duration Current activity Multiplier Duration estimate
ID

[unique ID [WBS ID of [Task or [similar previous [actual duration of [current activity e.g. [divide the current by the [multiply previous activity
for this activity] activity ID] activity e.g. 10 m sq similar previous 12 m sq driveway] previous activity e.g. 12 / 10 = duration by the multiplier
estimate] driveway] activity] 1.2] e.g. 10 x 1.2 = 12]

1-3P 1.2.1.3 26 30 HR automated 12 40 workflows 1.33333333333333 16


workflows

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Estimate ID WBS ID Task/Activity Previous activity Previous duration Current activity Multiplier Duration estimate
ID

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Estimate ID WBS ID Task/Activity Previous activity Previous duration Current activity Multiplier Duration estimate
ID

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DURATION ESTIMATING WORKSHEET
Project name: Project ID:
Project manager: Project Sponsor:

THREE-POINT ESTIMATES
Estimate ID WBS ID Task/Activity ID Optimistic duration Best guess (BG) Pessimistic duration (PD) Expected duration Expected duration estimate
(OD) estimate (PERT BETA (Triangular distribution)
distribution)

[unique ID [WBS ID of [Task or activity [Assume all will go well, [Most likely e.g. some [Assume big issues e.g. [(OD + 4 x BG + PD) / 6] [(OD + PD + BG)/3]
for this activity] ID e.g. from no delays, no resource delays, but nothing delay of materials, bad
estimate] schedule/gantt] issues e.g. 10 days] unusual. e.g. 15 days] conditions, people not well.
e.g. 26 days]

1-3P 1.2.1.3 26 10.00 15.00 26.00 16 17


0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

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Estimate ID WBS ID Task/Activity ID Optimistic duration Best guess (BG) Pessimistic duration (PD) Expected duration Expected duration estimate
(OD) estimate (PERT BETA (Triangular distribution)
distribution)
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

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Estimate ID WBS ID Task/Activity ID Optimistic duration Best guess (BG) Pessimistic duration (PD) Expected duration Expected duration estimate
(OD) estimate (PERT BETA (Triangular distribution)
distribution)
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0

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Project Management resources

Project Management Templates

The Top 50 Business Risks (and how to manage them)!

Issue Log Template [free download]

End Project Report Template

Risk Register Template

Stakeholder Management Templates

Work Breakdown Structure (WBS) template in Excel

Three-point estimation calculator - Triangular & PERT Beta Distribution

Three-point Estimating and PERT Distribution (Cost & Time Estimation)

www.stakeholdermap.com Page 10 of 10

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