14DEC
14 - 18 Dec 2026Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
Professional training course · PM-039
Project Estimation Techniques
Poor estimates are a root cause of unrealistic plans, budget overruns and loss of credibility. Better estimating techniques produce more reliable plans and commitments…
- 5 daysClassroom
- 13Upcoming dates
- 6Cities
- £2,840Fees from
Course overview
Why Attend
Poor estimates are a root cause of unrealistic plans, budget overruns and loss of credibility. Better estimating techniques produce more reliable plans and commitments.
This LLMI course covers estimation principles, analogous, parametric and bottom-up estimating, three-point and PERT estimates, agile estimation, managing uncertainty and bias, estimate reviews and calibration. Participants estimate case projects using multiple techniques.
Course Objectives
Explain estimation principles and accuracy
Apply analogous, parametric and bottom-up methods
Use three-point and PERT estimating
Apply agile estimation techniques
Recognise and reduce estimating bias
Review and calibrate estimates
Target Audience
Project managers
Planners
Engineers
Product owners
Cost estimators
PMO staff
Course Methodology
Estimation exercises
Case studies
Group estimating games
Discussions
Reviews
Course outline
-
1Day 1: Estimation Principles
- Why estimates fail
- Accuracy and precision
- Estimate classes
- Assumptions
- Exercise: Estimate critique
-
2Day 2: Estimating Methods
- Analogous
- Parametric
- Bottom-up
- Expert judgement
- Lab: Method comparison
-
3Day 3: Uncertainty
- Three-point estimates
- PERT
- Monte Carlo basics
- Contingency
- Exercise: Range estimates
-
4Day 4: Agile Estimation
- Story points
- Planning poker
- Velocity
- Forecasting
- Practice: Planning poker
-
5Day 5: Bias and Calibration
- Cognitive biases
- Reference class forecasting
- Reviews
- Historical data
- Capstone: Estimation report
Schedule
Dates and fees
13 upcoming dates in 6 cities. Fees are per delegate; bring colleagues and every seat is discounted.
December 2026
BarcelonaSpain · Classroom
January 2027
18JAN
18 - 22 Jan 2027Mon to Fri · 5 days
MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
February 2027
15FEB
15 - 19 Feb 2027Mon to Fri · 5 days
DubaiUnited Arab Emirates · Classroom
£5,250per delegate2+ people: £4,200 each
March 2027
15MAR
15 - 19 Mar 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
April 2027
19APR
19 - 23 Apr 2027Mon to Fri · 5 days
RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
May 2027
17MAY
17 - 21 May 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
June 2027
21JUN
21 - 25 Jun 2027Mon to Fri · 5 days
Cape TownSouth Africa · Classroom
£2,840per delegate2+ people: £2,272 each
July 2027
19JUL
19 - 23 Jul 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
August 2027
16AUG
16 - 20 Aug 2027Mon to Fri · 5 days
MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
September 2027
20SEP
20 - 24 Sep 2027Mon to Fri · 5 days
DubaiUnited Arab Emirates · Classroom
£5,250per delegate2+ people: £4,200 each
October 2027
18OCT
18 - 22 Oct 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
November 2027
15NOV
15 - 19 Nov 2027Mon to Fri · 5 days
RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
December 2027
20DEC
20 - 24 Dec 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Questions
Frequently asked questions
How long is the Project Estimation Techniques course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Project Estimation Techniques course?
The next public date is 14 - 18 Dec 2026 in Barcelona. There are 13 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Barcelona, Munich, Dubai, Istanbul, Rome, Cape Town.
How much does the course cost?
Fees start from £2,840 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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