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ANALYTICAL ESTIMATING

Analytical estimating is a structured, estimating (work measurement) technique in which a task is analysed into its basic component operations or elements. Standard times, where available from another source, are applied to these elements. Where no such times are available, they are estimated based on experience of the work under consideration. The estimating is carried out by a skilled and experienced worker who has had additional training in the process of estimating and who simply estimates the time that would be required by a fully competent and experienced worker, working at a defined level of performance.

The analysis into elements is a key factor in producing reliable times, since, while time estimates for individual elements may be "inaccurate", any errors are random and will compensate for each other. Additionally, since the technique is normally used for assessing workloads over a reasonably long planning period, errors in individual tasks will also cancel each other out.

 

 

 

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