Question: Project managers utilize a number of cost-estimating methods. What cost-estimating tools should be utilized in an eCommerce project for a large animal hospital? What method
Project managers utilize a number of cost-estimating methods. What cost-estimating tools should be utilized in an eCommerce project for a large animal hospital?
- What method of cost-estimating is appropriate?
- How closely do they resemble the methods found in the PMBOK Guide? How effective are they?
- What is a three-point estimate? What is the formula for the three-point estimate?
- What is a parametric estimate and when is it used?
- What is an analogous estimate? How is it different than a bottom-up estimate?
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