The Estimating Problem—EssayOption #1: The Estimating Problem—Essay
Based on your review and analysis of the “The Estimating Problem” case study (Kerzner, 2022, p. 527), addresses the following key elements:
Develop a clear and concise synopsis of the case study.
Explain how the identified problem affects the project’s schedule, cost, and scope.
In your own words, with cited support from peer-reviewed or professionally published sources such as CSU Global library resources, clearly and concisely define the construct of the schedule’s critical path. Describe how the identified problem may affect the schedule’s critical path.
Assess whether the estimating method used was appropriate. If so, what would cause the results to be questionable? If not, what estimating method would you recommend? Substantively justify your response using cited peer-reviewed or professionally published sources such as CSU Global library resources.
Assess the pros and cons of the extant estimating process; what, if any, changes would you recommend?
Please note that extant estimating is not a term of art in project management. You need to identify the extant (i.e., existing) estimating process in the organization referenced in the case study. By doing this, you will specify the current state-of-project-management in the area of estimating.
Write an essay to addresses the above-noted requirements, and properly organize your writing by including the following:
Cover page
Introduction
Body of your work in response to the assignment’s key elements, with headings and subheadings
Conclusion
List of references
Appendices (as applicable)
The introduction through conclusion sections of your essay should be approximately 4-5 pages in length. Support your assignment with a minimum of three peer-reviewed or professionally published sources. The Project Management Resources Guide Links to an external site. is a great place to start. Based on your review and analysis of the “The Estimating Problem” case study (Kerzner, 2022, p. 527), addresses the following key elements:
Develop a clear and concise synopsis of the case study.
Explain how the identified problem affects the project’s schedule, cost, and scope.
In your own words, with cited support from peer-reviewed or professionally published sources such as CSU Global library resources, clearly and concisely define the construct of the schedule’s critical path. Describe how the identified problem may affect the schedule’s critical path.
Assess whether the estimating method used was appropriate. If so, what would cause the results to be questionable? If not, what estimating method would you recommend? Substantively justify your response using cited peer-reviewed or professionally published sources such as CSU Global library resources.
Assess the pros and cons of the extant estimating process; what, if any, changes would you recommend?
Please note that extant estimating is not a term of art in project management. You need to identify the extant (i.e., existing) estimating process in the organization referenced in the case study. By doing this, you will specify the current state-of-project-management in the area of estimating.
Write an essay to addresses the above-noted requirements, and properly organize your writing by including the following:
Cover page
Introduction
Body of your work in response to the assignment’s key elements, with headings and subheadings
Conclusion
List of references
Appendices (as applicable)
The introduction through conclusion sections of your essay should be approximately 4-5 pages in length. Support your assignment with a minimum of three peer-reviewed or professionally published sources such as CSU Global library Links to an external site. resources. The Project Management Resources Guide Links to an external site. is a great place to start. Consult the Sample paper Links to an external site. template for more information on how to organize the paper and review the rubric available for specific grading criteria
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