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This Concept Map, created with IHMC CmapTools, has information related to: Work Breakdown Structure, Several estimation techniques Includes Bottom-up estimating, Several estimation techniques Includes Guesstimating, Bottom-up estimating Is The most real-world estimating technique, Several estimation techniques Includes Delphi technique, Work Breakdown Structure Provides The basis for bottom-up estimating because all of the project phases and activities are defined, Dividing the project into smaller modules and then directly estimating the time and effort In Terms Person-weeks, Project budget Has Several estimation techniques, Time boxing Based On Requirement rather than just on guesswork, Can provide opportunity to review the progress of the project and adjust the distribution of resources or other aspects of the project plan as necessary Allows Milestones to act as cruxes, Project estimation begins Includes Project schedule, Work packages Includes Hierarchy Project, The project into smaller components and more manageable units Called Work packages, Deliverable Then Activity/Task, Work Breakdown Structure Subdivides The project into smaller components and more manageable units, Guessing at the estimates Is Quick, Milestone - Phase completion Includes Benefits Keep the project team focused, Work Breakdown Structure Defined As A hierarchical structure that outlines the activities or work that needs to be done in order to complete the project scope, Deliverable Then Milestone - Deliverable completion, Top-down estimating Involves Estimating the schedule and/or cost of the entire project in terms of how long it should take or how much is should cost, Project estimation begins Includes Project budget