Category Archives: Estimation

A toolbox of approaches to meeting a scope of work with limited resources and under scheduling constraints.

“The number” vs. outcomes of varying likelihood: gaining perspective

How many times have we heard a manager or executive say “Just give me the number!”? This request smacks of frustration and conveys an unrealistic expectation.  While this is slowly changing, single-point estimates are still the goal when making managerial projections at many healthcare providers today. In this post, I want to discuss an alternative approach.

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Elements of a good estimate

The concurrent management of a multitude of projects competing for scarce resources in a changing regulatory and economic environment poses a serious challenge to many healthcare organizations. Clearly, doing a proper job of managing requirements, including their development and tracing from ideas to specifications, to conceptual designs, and then to “as built” designs, is important.

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Estimation: converging to useful estimates

Estimation is a fascinating area in science and engineering, and it is increasingly coming to the fore in other fields. With healthcare projects becoming increasingly complex and driven by growing regulation, estimation is a mix of art and science that needs to be mastered.

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