estimating

This is a knowledge sharing blog, aiming to discuss estimating related topics and methods to help early career estimators to provide the best possible estimating support to their internal / external clients. This could also be useful for the more senior practitioners in estimating along with planning & cost control personnel, procurement & contracts personnel, finance and business development personnel, project engineers & managers, proposal managers, project services managers and other leadership team members when discussing, reviewing and benchmarking estimates.

This could also be useful for governments and financing bodies to benchmark their investments.

All the discussions are aimed mainly for estimating in the Oil & Gas industry, but similar discussions could surely be made for other industries.

My primary school child thinks he knows what “Estimating” is, and when I ask him to explain, he goes: “isn’t it rounding up to the nearest number”. I said “yes” but………This project is an endeavour to write down what I think estimating is and all the discussions are based on my own experiences and estimating methods, for sharing with the larger community.

Started in October 2015, this will be a continuously developing repository of estimating topics, example files, benchmarks etc., with an addition every few months. I will try to upload self-made example files and templates for use if anybody wishes.

Any comments and feedback will be highly appreciated.