Skip to content
CBT Nuggets

Project Estimator Best Practices Online Training

Master project estimation techniques to deliver on time and within budget. This training covers professional best practices for estimating tasks, different project estimation techniques, creating accurate work breakdown structures (WBS), and forecasting time and costs. This PM training is deal for project managers looking to improve planning precision and any organization who wants to improve the accuracy of their project estimation efforts.

Updated April 2025

3Skills
18Videos
2h 27mTotal
18 videos2h 27m

Who This Course Is For

This training is ideal for project managers, team leads, and planners who need to improve estimation accuracy and project forecasting. It’s also valuable for organizations aiming to standardize estimation practices and deliver projects more efficiently.

Skills Your Team Will Gain

  • Bottom-up, analogous, and parametric estimation
  • Three point estimation and standard deviation
  • Quantifying and categorizing project risk
  • Standardizing estimates across an organization
  • Using Excel for project management calculations
  • Creating an implementation roadmap

Course Curriculum

  • Premium skill.The Basics51m
  • Premium skill.Advanced Estimating48m
  • Premium skill.Agile Estimates48m

For IT leaders

What IT leaders need to know before assigning this course

Project estimates often become a delivery risk when teams use inconsistent methods for defining work, forecasting time, or estimating cost. IT Directors and Training Managers can assign this beginner-level course to project managers, Team Leads, planners, and IT Practitioners who contribute to project planning and need a shared estimation approach across traditional and Agile work.

The course is a realistic assignment at roughly 2.5 hours per learner, organized into basics, advanced estimating, and Agile estimates. It is best used as a standardization resource before kicking off major infrastructure, software, or operations projects, so teams align on work breakdown structures, task estimates, and time/cost forecasting practices. CBT Nuggets Playlists can sequence this training with related project management content, while Team Reporting helps leaders confirm completion across assigned team members.

Team Impact

How this training helps your team succeed

This training helps project teams reduce planning variance by applying consistent estimation practices before work begins and as requirements change.

  • More consistent project forecasts: Teams practice estimating tasks, time, and costs so project plans are easier to compare, review, and defend.
  • Better scope clarity: Work breakdown structure concepts help teams break large initiatives into smaller, estimable work packages.
  • Improved planning across delivery models: Traditional and Agile estimating topics help Team Leads support both structured project plans and iterative delivery work.
  • Stronger change conversations: Shared estimating language gives project managers and stakeholders a clearer basis for discussing schedule, budget, and scope tradeoffs.

After completion

Knowledge & ability your team will gain

Knowledge

  • Core project estimation concepts and why estimates affect scope, schedule, and budget decisions.
  • How work breakdown structures support clearer task definition and more accurate planning.
  • Differences between basic, advanced, and Agile estimation approaches.
  • How time and cost forecasting contribute to project planning and stakeholder expectations.
  • Where estimation uncertainty can create delivery risk if teams do not use a consistent method.

Ability

  • Break project work into smaller components that are easier for teams to estimate.
  • Select estimation techniques that fit the planning context and delivery model.
  • Forecast project time and cost using structured estimation practices.
  • Contribute to Agile estimation conversations with a shared understanding of iterative planning.
  • Apply common estimation practices across project managers, Team Leads, and planners to improve planning consistency.

This course is included with every subscription

Get your team access to all 559 courses, virtual labs, and practice exams.

Most Popular

Team

$749per seat / year

5+ learner seats

Get Started

Enterprise

Customannual contracts

Any size

Contact Enterprise Sales
Calculate the ROI of training your team

Trusted by 23,000+ organizations

Frequently Asked Questions

Ready to upskill your team?

Talk to our sales team to find the right plan for your organization.