Galorath, Inc. Hosts Webinar On Estimation Bias and Strategic Mis-Estimation

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Estimation expert Dan Galorath will discuss the art and science of project estimation. He’ll explain the reasons behind estimation bias and how companies can reduce the millions of dollars wasted on failed and delayed projects.

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We know a good deal about why projects fail and it’s time to use that knowledge to improve the success of future projects,” explained Galorath.

Dan Galorath, CEO of Galorath, Inc., will provide an expert examination to learn what project estimation bias is and how strategic mis-estimation can be mitigated. Companies waste millions of dollars every year on projects that fail or are delayed or don’t meet expectations, and in this webinar, Galorath will explain how improved project estimation can reduce the waste and enable better decision making. The webinar takes place on Wednesday, September 24, 2014 at 8:30 a.m. Pacific.

Galorath, Inc. uses analysis and simulation to help organizations achieve more success with projects that involve software development, IT systems, manufacturing or hardware development. The company’s SEER® Software is the leading solution to better estimate, plan and control project costs, schedule and risk in these areas. SEER® provides a rapid and powerful view of the critical factors driving program decisions and success.

Mr. Galorath has been studying the art and science of estimating for over 30 years and has compiled a list of observations he will present during the webinar. “Over the years, I’ve learned that most people don’t like to estimate and/or don’t know how to estimate, and those that do are frequently highly optimistic,” explained Galorath.

“We know a good deal about why projects fail and it’s time to use that knowledge to improve the success of future projects. In order to innovate, we have to continue to estimate the unknown. I know we can do a better job by learning from our past mistakes so we can make concepts like outsourcing more cost effective and help businesses make better decisions based on risk analysis.”

The webinar will last 30 minutes and requires registration. You can register for the webinar here.

About Galorath Incorporated:

Galorath Incorporated has invested more than two decades developing solutions to help government and commercial organizations plan and manage complex software, hardware, electronics, manufacturing and IT projects. Its suite of SEER productivity development applications is the most comprehensive estimation and management solution in the industry.

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Kelly Timko
Galorath Incorporated
+1 310-414-3222 Ext: 632
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