SOFTWARE PROJECT MANAGEMENT
PROJECT PLANNING AND ESTIMATION
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Question
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An estimation technique characterized by the allocation of a timeframe for a specificied activity e.g. a team has two weeks to complete a task and at the end of two weeks work on that task ceases.
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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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Bottom-Up Estimating
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Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -Deliverables and Milestones: A milestone is a significant event or achievement that provides evidence that the deliverable has been completed or that a phase is formally over. While a deliverable includes such things as presentations, report, plans and final application system, a milestone must focus on achievement.
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