Practice Standard for Project Estimating – Second Edition

Accurate project estimation is a cornerstone of successful project management.
The Practice Standard for Project Estimating – Second Edition, published by the Project Management Institute (PMI), provides a comprehensive framework for developing realistic and adaptable project estimates.

Developed in alignment with the PMBOK® Guide – Sixth Edition, this standard introduces proven techniques and models for both plan-driven and adaptive (Agile) life cycles. It’s designed to help organizations and project managers establish reliable cost and schedule baselines and refine them as projects evolve — improving predictability and decision-making at every stage.

Key Benefits:

• Offers detailed models and frameworks for cost and schedule estimation.

• Supports both traditional and Agile project environments.

• Enables teams to refine estimates for better forecasting and early decision-making.

• Defines estimating processes recognized as good practice across industries.

Book Details:

• Format: Paperback

• Language: English

• Pages: 150

• Dimensions: 8.75" x 10.75"

• Publication Date: January 2020

• ISBN: 9781628256420

• Publisher: Project Management Institute

• Price: $115.00

🧩 This is an official PMI publication offered through Problem-To-Solution Inc., a PMI Authorized Training Partner. Ideal for project managers, cost analysts, and Agile practitioners seeking to enhance estimation accuracy.