Question: PARAMETRIC ESTIMATION ---------------EXPERT JUDGMENT ------------- THE DELPHI TECHNIQUE ------ THREE-POINT ESTIMATION- ---------- ANALOGOUS ESTIMATION ----------BOTTOM-UP ESTIMATION Evaluate the below statement according to the estimation of

PARAMETRIC ESTIMATION ---------------EXPERT

PARAMETRIC ESTIMATION

---------------EXPERT JUDGMENT

------------- THE DELPHI TECHNIQUE

------ THREE-POINT ESTIMATION-

---------- ANALOGOUS ESTIMATION

----------BOTTOM-UP ESTIMATION

Evaluate the below statement according to the estimation of activity duration tools, write the number of the correct statement inside the box. Makes use of group intelligence to determine the activity duration, Scaling up or down the analogous estimate. Choose... More accurate to analogous, Scaling up or down the analogous estimate. Choose... Breaking down the work structure to reduce activities into smaller, more manageable tasks, useful for building accountability through assigning specific tasks to team members. Choose... For projects that are complicated and more factors can influence the duration, reasonably costly. Choose... Relies information from similar projects to determine the activity duration; needs historical data. Choose... In this method, the estimator determines three numbers (Optimistic, Most Likely, Pessimistic). Choose

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 General Management Questions!

stion Breaking down the work structure to reduce activities into smaller, more manageable tasks, useful for building accountability through assigning specific tasks to team members Finish attempt...

Evaluate the below statement according to the estimation of activity duration tools, write the number of the correct statement inside the box 1 2 9 10 17 18 Relies information from similar projects...

can you plz solve the all question plz Question 20 Answer saved Project planning is carried out before a project begins. It involves (1) identifying tasks, (2) estimating duration and (3) allocating...

please ..please ...please.. help me with this ! please help me with this! EMBA 660 FBSU Project Management T TF T T T 10) T Q#1) True or False statements: Circle (T) for True or (F) 1) The cost of...

SUBJECT: ENGINEERING AND PROJECT MANAGEMENT Evaluate the below statement according to the estimation of activity duration tools, write the number of the correct statement inside the box.(Expert...

Just answers no explanation What is NOT a feature of the project management office? (LO-2) Group of answer choices The ability to coordinate project quality control standards between project...

stion Breaking down the work structure to reduce activities into smaller, more manageable tasks, useful for building accountability through assigning specific tasks to team members Relies information...

In this method, the estimator determines three numbers (Optimistic, Most Likely, Pessimistic). Choose... For projects that are complicated and more factors can influence the duration, reasonably...

QUESTION 1 A CPI or SPI value less than one indicates that the project is a. Under cost or behind schedule. b. Over cost or ahead of schedule. c. Over cost or behind schedule. d. Under cost or ahead...

Cost Estimation In the estimate costs process, the project cost is estimated by using the following three techniques: -Analogous Estimating -Parametric Estimating -Bottom-up Estimating Analogous...

A vertical piston-cylinder device initially contains 0.12 m3 of helium at 208C. The mass of the piston is such that it maintains a constant pressure of 200 kPa inside. A valve is now opened, and...

The financial statements of Ayayai Ltd. include the following items at December 31, 2025. Accounts payable Accounts receivable Accumulated depreciation-buildings Accumulated depreciation-equipment...

An analysis of Kenny Corporation's Marketable Securities account during Year 2 disclosed the following: Debit entries $ 445,000 Credit entries $ 270,000 Kenny's Year 2 income statement included a...

In her interview for a job at Carefree Cosmetics, Kristen Hamilton admitted how desperate she was to find a job because she was a single parent. Her plea found a sympathetic ear in Paul Winston. One...