PMLL Episode 0052 Realistic Duration Estimating: Formulas and Factors (Lee Lambert) PM Best Practices

These are the notes from the PMlessonsLearned.com Conference Call:

Topic: PM Lessons Learned
Presentation Topic: "Realistic Duration Estimating: Formulas and Factors"
Host: Henry Will, PMP
Presenter: Author, Trainer, and PM Speaker, Lee R. Lambert, PMP, CEO of Lambert Consulting Group (http://lambertconsultinggroup.com)
Date: 20Nov2008
Podcast number: 0052
MP3 / Podcast: Download MP3 or Listen on Internet Archive or Listen on OurMedia or Join our podcast on itunes

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Notes from the call:
Lee covered formulas and factors to be considered for Duration Estimating

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Bio:
About Our speaker,
Lee R. Lambert, PMP, founder and CEO of Lambert Consulting Group, Inc., is an honored and distinguished member of the project management community. Having started his career in project management in 1968 with General Electric, Lee spent 15 years in the trenches working hands-on with project management techniques and tools. During a distinguished corporate career, he held several senior project management positions with major U.S. corporations, including General Electric, Lawrence Livermore Laboratory and Battelle Memorial Institute. Among his extensive client list are IBM, Prudential Insurance, Monsanto, Sprint, Motorola, AT&T, CitiGroup, Nationwide Insurance, American Electric Power, Global Commerce Services, SAP Labs, Bechtel and National City Mortgage. To-date Mr. Lambert has trained over 25,000 students, in 21 countries, on the value-added use of the project management process and its associated tools and techniques. In 1981, he was a founding member of the five person team that formulated and implemented the Project Management Institute's (PMI) Project Management Professional (PMP ) Certification Program, now recognized as the world's standard in the profession of project management.

Mr. Lambert's consulting efforts have included four successful Enterprise-wide project management process development and implementation assignments. He has long been considered one of the world's leading project management educators. His humorous, creative, and effective common-sense-based learning facilitation style has been emphatically praised by thousands of students throughout the world.

In addition to serving as the lead trainer for Lambert Consulting Group, Inc., Mr. Lambert served on the American Management Association's (AMA) Project Management Curriculum Development Council and is one of the senior instructors for George Washington University's Masters Certificate in Project Management curriculum. As an author, Mr. Lambert's publications include 26 journal articles and two books, including the most widely distributed text on the Earned Value Management System (EVMS) in the project management field, The CommonSense Approach to Project Management: Using Earned Value to Balance the Triple Constraint. He serves on the Editorial Review Board for PMNetwork and the Project Management Journal, has contributed two chapters to the AMA's critically acclaimed Project Management Handbook and has recently been cited in the Josey-Bass publication, Creating the Project Office, for his pioneering efforts in successfully developing corporate project offices. Mr. Lambert was the Master of Ceremonies for the ProjectWorld 2000 Conference in Boston and currently instructs workshops and makes technical presentations regularly at the PMI Symposia, ProjectWorld Conference, and the American Association of Cost Engineers International Symposia.

In 1995, Mr. Lambert was given the coveted Distinguished Contribution Award by PMI for his sustained dedication and contribution to the growth of the project management profession.


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