For projects that are complicated and more factors can influence the duration, reasonably costly. Choose. Choose... Expert Judgment The Delphi Technique Analogous Estimation Bottom-up estimating Three-point Estimating Parametric Estimation Relies information from similar projects to determine the activity duration; needs historical data.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Evaluate the below statement according to the estimation of activity duration tools, write the number of the correct statement inside the box.
For projects that are complicated and more factors can influence the duration, reasonably
costly.
Choose...
Choose...
Expert Judgment
Relies information from similar projects to determine the activity duration; needs historical
data.
The Delphi Technique
Analogous Estimation
Bottom-up estimating
Three-point Estimating
Parametric Estimation
Transcribed Image Text:For projects that are complicated and more factors can influence the duration, reasonably costly. Choose... Choose... Expert Judgment Relies information from similar projects to determine the activity duration; needs historical data. The Delphi Technique Analogous Estimation Bottom-up estimating Three-point Estimating Parametric Estimation
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