SOFTWARE PROJECT MANAGEMENT
PROJECT PLANNING AND ESTIMATION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ can be a very effective estimating technique by forcing examination of project risks so that specific budget or schedule targets can be achieved.
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Guesstimating
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Delphi Technique
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Time Boxing
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Top-Down Estimating
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Down-Up Estimating
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Explanation:
Detailed explanation-1: -The accuracy of activity duration estimates can be improved by considering estimation uncertainty and risk. This concept originated with the Program Evaluation and Review Technique (PERT).
Detailed explanation-2: -Project estimation techniques are tools that help project managers forecast cost, time and other variables as they relate to a forthcoming project. These estimation techniques allow for a more accurate forecast of key elements in every project and include cost, time, scope, risk, resource and quality.
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