Building a credible project schedule can be challenging, even for experienced professionals. This essay explains a process I’ve refined and used with success for almost 30 years.
Bonus: If you capture 3-point estimates in step 6, you can use Monte Carlo Simulations or TriCoBi™ simulations to support your schedule optimization efforts in step 8 and risk identification and management in step 9. You will also have good visual aids to support your review with the sponsor in step 10.
For more information on TriCoBi simulations, check out Chrono™.