Question: Parametric estimating is used in: A. Estimating the resources for an activity B. Assessing the duration for an activity C. Sequencing the schedule activities D.

Parametric estimating is used in:

A. Estimating the resources for an activity B. Assessing the duration for an activity C. Sequencing the schedule activities D. Controlling the schedule

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Project Management For Small Projects Questions!

1. What is true about a Power and Interest Grid? A The bottom-left quadrant of the grid should include the most interested group of stakeholders. B The grid shows whom should get a project manager's...

A [40 MARKS] Read the case study below and answer ALL the questions that follow. REFLECTING ON KING SHAKA INTERNATIONAL AIRPORT (KSIA) King Shaka International Airport (KSIA) opened on 1 May 2010 in...

Answer ALL the questions in this section. Question 1 (40 Marks) Burke (2009:116) avers that scope management takes on greater importance to avoid scope creep and avoid adding features and...

Dear expert, Need detail answer: Thanks 1. What are the six Project Schedule Management process groups? Provide a brief definition for each one. 2. Explain the Finish-to-Start logical relationship...

For this assignment, refer to the following information and verify all my answers are correct. I have bolded the answers I think are correct. If an answer is not correct, correct it and explain why....

Can you help me with this question... 4) Perform a PERT analysis on each activity to determine its duration. (above are the activities) CASE STUDY Group Assignment & Presentation "A Not-For Profit...

How would you BEST describe the develop schedule process? A. Sequencing activities, identifying resources, estimating durations, and determining start and finish dates for each activity B....

Question 1 (1 point) Which of the following processes involves allocating cost estimates in order to establish a cost baseline for measuring project performance? A) Cost Estimating B) Cost Control C)...

Question # 4 4 of 1 8 0 After creating the schedule management plan, the project team must then identify the activities that must be performed. What is the key benefit of this step of schedule...

Examination Paper of Project Management Certification IIBM Institute of Business Management Examination Paper MM.100 Project Management Certification Guidelines for paper Total No. of Questions is...

A manufacturer produces custom metal blanks that are used by its customers for computer-aided machining. The customer sends a design via computer (a 3-D blueprint), and the manufacturer comes up with...

Rogers Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,000 kits was prepared for the year. Fixed operating expenses...

An investor owns a portfolio with a beta of zero and an alpha of 5 . 0 . The risk - free return equals 2 % . The return on the portfolio using the capital asset pricing model is: 7 . 0 % Greater than...

a. The United States Congress is well qualified to debate and set generally accepted accounting principles. Comment. b. Speculate on why these bills were directed to amend the Securities Exchange Act...