“The Houston Chronicle, one of the largest newspapers in the United States, was founded in 1901 and was acquired by Hearst in 1987. In addition to delivering in-depth coverage of local issues, the Houston Chronicle is committed to covering state, national and international news.” (Houston Chronicle | Hearst)
In its article, titled, “Six Methods For The Estimation Of Activity Duration In Project Management”, six methods are referenced that can be used to obtain reliable estimates. This resource is very useful because it gives the project manager numerous tools to gain a broader and more accurate perspective on the project. I like the fact that the tools include looking at past projects within the company and similar activities within the company to gauge the time span and volume of work that is completed and the expenditure. This perspective allows the PM to consider the work culture within the company as point for decision making.
This pdf document is a government document which was prepared by the Department of Cooperative Governance & Traditional Affairs, Republlic of South Africa. “The overall objective was therefore to develop a practical, current and relevant nation-wide system of guidance for municipalities, their service providers and ultimately national and provincial government in terms of the provision of basic infrastructure service provision cost values that reflect national and regional impacts, and provide comparative value for high level planning estimates and value for money assessment guidelines.” (Municipal Infrastructure Grant)
Pages 13 – 16 pf the “Planning and Scheduling“ document gives a detailed list of what resources are to be used, factors that can affect the estimation, guides on how to document estimate assumptions, and what reports are need to complete this task in detail.
“Houston Chronicle | Hearst”. Hearst.com. Web. 28 Nov. 2016.
Markgraf, Bert. “Six Methods For The Estimation Of Activity Duration In Project Management”. Smallbusiness.chron.com. N.p., 2016. Web. 28 Nov. 2016.
“Municipal Infrastructure Grant”. Cooperative Governance & Traditional Affairs. Web. 28 Nov. 2016.