Compare top-down versus bottom-up estimating

Assignment Help Supply Chain Management

Reference no: EM133518060

Assignment Questions:

Question 1: Estimates approaches in Project Management

a. Explain and compare Top-Down versus Bottom-Up Estimating

b. Analyze a case study or real-life example where estimation techniques were employed, and evaluate their effectiveness in predicting project outcomes.

Question 2: Different techniques

a. Explain apportion method for the Top-Down approach.

b. Explain the range estimating technique for Bottom-Up Estimating.

Question 3: Continuous Improvement in Estimation Accuracy

a. Explain the concept of continuous improvement in project estimation accuracy.

b. Discuss the role of feedback loops, lessons learned, and historical data analysis in enhancing future estimation accuracy.

Assignment Guidelines:

Conduct thorough research using credible sources such as project management textbooks, industry standards, case studies, and scholarly articles.

Use specific examples, case studies, or relevant research to support your analysis and arguments.

Ensure proper citations and references using a consistent referencing style in APA citation.

Make your assignment in clear and concise language, paying attention to grammar, spelling, and organization.

Reference no: EM133518060

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