DURATION ESTIMATING WORKSHEET

CHECKLIST

Questions that will get you the answers

you need to fill out the template below:

c 1. Why estimate costs?

c 2. Science = process: remember the scientific method?

c 3. What is an Average Operations Readiness and Assurance project?

c 4. What work will be included in the Operations Readiness and Assurance project?

c 5. What utility impacts are there?

c 6. What questions do you have?

c 7. Small or large Operations Readiness and Assurance project?

c 8. Do any colleagues have experience with your organization and/or RFPs?

c 9. When, then?

c 10. Is the Operations Readiness and Assurance project responsive to community need?

c 11. How should ongoing costs be monitored to try to keep the Operations Readiness and
Assurance project within budget?

c 12. What is next?

c 13. Done before proceeding with this activity or what can be done concurrently?

c 14. Why estimate time and cost?

c 15. Is this operation cost effective?

c 16. What is your role?

c 17. What is cost and Operations Readiness and Assurance project cost management?

c 18. When does your organization expect to be able to complete it?

c 19. Value pocket identification & quantification what are value pockets?

c 20. Will the Operations Readiness and Assurance project collaborate with the local community
and leverage resources?

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c 21. Can the Operations Readiness and Assurance project be constructed as planned?

c 22. What info is needed?

c NOTES:

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Project Title: Date Prepared:

Parametric Estimates

Resource Performance Duration

WBS ID Effort Hours Quantity % Available Factor Estimate

Analogous Estimates

Previous Previous Duration

WBS ID Activity Duration Current Activity Multiplier Estimate

Three Point Estimates

Expected
Optimistic Most Likely Pessimistic Weighting Duration
WBS ID Duration Duration Duration Equation Estimate