SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
Question
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Assume you are working to Estimate Activity Durations. You need to determine the amount of work to complete each activity and the resources required. As you work to do so, you should consider-
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Consulting with people who may have worked on similar projects
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The requirements documentation
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Staff motivation
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Adding buffers for needed but often scare resources
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Explanation:
Detailed explanation-1: -In Project Management, the PERT technique is the best way to determine the estimated activity durations of a Project. It uses three-time estimates to determine a rough period of the estimated activity durations.
Detailed explanation-2: -The Parametric estimating technique makes use of historical data and statistical approaches to predict the durations of planned activities. This can be one of the most accurate methods if the data availability, quality and statistical correlations are strong.
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