Which of the following is an estimating technique that uses the values of parameters from previous similar projects for estimating the same parameter or measure for a current project?
Haha, I was totally stuck between A and C at first. Reserve analysis? What is this, a geology exam? I'm with you all on D - analogous estimating is the way to go here. Who needs fancy statistical models when you've got good old-fashioned past project data, am I right?
You know, I was actually debating between B and D, but I think you both make a good case for D. Three-point estimating is more about accounting for uncertainty, while analogous estimating is all about leveraging historical information. Gotta go with D on this one.
I was thinking the same thing! Analogous estimating just makes the most sense to me for this question. Using past project data to estimate the current one is a super common approach in project management.
Hmm, this seems like a tricky one. I'm torn between C and D, but I'm leaning more towards D. Parametric estimating uses statistical models and historical data to estimate, while analogous estimating is all about using similar past projects as a reference point. Seems like the best fit here.
upvoted 0 times
...
Log in to Pass4Success
Sign in:
Report Comment
Is the comment made by USERNAME spam or abusive?
Commenting
In order to participate in the comments you need to be logged-in.
You can sign-up or
login
Zona
11 months agoChandra
11 months agoJoanna
11 months agoAileen
10 months agoJoni
10 months agoVeta
10 months agoDoyle
10 months agoTayna
10 months agoAleisha
10 months agoFreeman
10 months agoAlesia
11 months ago