Accurate estimation of project timelines. costs, and resources is crucial for successful planning and execution of any projects. However, estimating these variables can be challenging, as projects often involve unique and complex factors. To address this chalienge. project managers commonly employ estimation techniques such as analogous estimation and expert opinion. 

(a) How can analogous and expert opinion estimation be utilised to estimate project timelines and costs in project management? 

(b) Discuss the common challenges that proiect managers may encounter when using analogous estimation and expert opinion in project management.  

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Project Estimation Techniques Analogous and Expert Opinion Accurate estimation is the backbone of successful project management Heres how analogous es... View the full answer