SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A team member from research and development tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labor hours {from past, similar projects) to develop a prototype. This is an example of which of the following?
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Parametric estimating
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Three-point estimating
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Analogous estimating
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Monte Carlo analysis
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Explanation:
Detailed explanation-1: -One of the most popular estimating techniques is analogous estimating. It involves using data from previous, similar projects to estimate activity durations on your project. Learn what it’s all about.
Detailed explanation-2: -Float, sometimes called slack, is the amount of time an activity, network path, or project can be delayed from the early start without changing the completion date of the project.
Detailed explanation-3: -The critical path helps prove how long the project will take. This is the only correct statement of the choices given.
There is 1 question to complete.