Calculate costs or duration based on historical data

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Match the Estimating Tools & Techniques, as defined by PMBOK, to the appropriate definition.

( ) Expert Judgment

( ) Analogous Estimating

( ) Parametric Estimating

( ) Three-point Estimating

( ) Bottom-Up Estimating

A.An estimating technique in which an algorithm is used to calculate costs or duration based on historical data and project parametemeters.

B.An estimating technique where estimates provided by a group or person with specialized knowledge

C.An estimating technique where estimates are determined by applying an average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the individual activity estimates

D.An estimating technique where an overall estimate is determined by aggregating the estimates of lower-level components of the work breakdown structure (WBS)

E.An estimating technique developed from using historical data from a similar activity or project

Reference no: EM132009655

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