Description

Book Synopsis

Principles, Process and Practice of Professional Number Juggling (Volume 1 of the Working Guides to Estimating & Forecasting series) sets the scene of TRACEability and good estimate practice that is followed in the other volumes in this series of five working guides. It clarifies the difference between an Estimating Process, Procedure, Approach, Method and Technique. It expands on these definitions of Approach (Top-down, Bottom-up and



Ethereal') and Method (Analogy, Parametric and Trusted Source') and discusses how these form the basis of all other means of establishing an estimate.





This volume also underlines the importance of data normalisation' in any estimating procedure, and demonstrates that the Estimating by Analogy Method, in essence, is a simple extension of Data Normalisation. The author looks at simple measures of assessing the maturity or health of an estimate, and offers a means of assessing

Principles Process and Practice of Professional

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    A Paperback by Alan Jones

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      Publisher: Taylor & Francis
      Publication Date: Publication Date: 6/24/2024
      ISBN13: 9781032838786, 978-1032838786
      ISBN10: 1032838787
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      Business strategy

      Description

      Book Synopsis

      Principles, Process and Practice of Professional Number Juggling (Volume 1 of the Working Guides to Estimating & Forecasting series) sets the scene of TRACEability and good estimate practice that is followed in the other volumes in this series of five working guides. It clarifies the difference between an Estimating Process, Procedure, Approach, Method and Technique. It expands on these definitions of Approach (Top-down, Bottom-up and



      Ethereal') and Method (Analogy, Parametric and Trusted Source') and discusses how these form the basis of all other means of establishing an estimate.





      This volume also underlines the importance of data normalisation' in any estimating procedure, and demonstrates that the Estimating by Analogy Method, in essence, is a simple extension of Data Normalisation. The author looks at simple measures of assessing the maturity or health of an estimate, and offers a means of assessing

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