In this task you will investigate different techniques for making project estimates.

Keep in mind that you must write your work using the essay structure.

Use the following instructions as a guide to direct your research and writing, but remember that the work will be evaluated as a whole, with emphasis on your critical analysis and your ability to demonstrate mastery of the topic:

Research the following estimation techniques:

-descending estimate

-analogous estimate

-parametric estimation

-three point estimate

*Explain what the technique consists of and the criteria that the project manager must use to decide which estimate to use.

*Justify which of the investigated techniques you would use in the project that you have been developing throughout the course.

*Conclude your writing by arguing about what is most important, whether to finish the project meeting the objectives set, even if the cost estimates are not met, or whether to meet the costs, even if this means not meeting some objective. Defend your answer.