User Account

All Pages

Estimating method that encompasses using a work

Assignment Help Project Management
Reference no: EM132348307

Comparative or analogous estimating shows that you can use your knowledge and past comparable projects to base your new project off. Top-down is an estimating method that encompasses using a work breakdown structure and data from prior projects. However, it is not as complicated as the bottom-up which goes in to much more detail. Bottom-up method is likely the most common, in the sense it uses a very detail oriented work breakdown structure. Each task is separated and estimated accordingly. Finally, the parametric modeling estimating method deals with extensive data from your prior projects and analysis to get estimations. Overall, all these methods have their benefits and drawbacks and I believe often it is several methods combined into one that you end up using.

Is the statement sufficient and why?

Reference no: EM132348307

Questions Cloud

Evaluate the role and importance of patient satisfaction : Evaluate the role and importance of patient satisfaction. You started inviting various members of the organization to join you in the QI development team.
Organisational standards and procedures : As long as you comply with organisational standards and procedures, there is no need to consider the needs, wants and expectations of people making an enquiry
Create database about technology devices using given element : Educators need to remain current regarding assistive technology trends and types of AAC that are being used in classrooms. It can be helpful to have a database.
Expert judgement and subject matter experts : What is the difference between expert judgement and subject matter experts? Please justify your answer.
Estimating method that encompasses using a work : Comparative or analogous estimating shows that you can use your knowledge and past comparable projects to base your new project off
Name two different styles of prototyping : BCS HIGHER EDUCATION QUALIFICATIONS BCS Level 4 Certificate in IT- INFORMATION SYSTEMS
Having the best resources assigned to the project : How do you ensure you have diversity within your projects when your management may be more focused on having the best resources assigned to the project?
Described a special-cause or common-cause : Describe the experience in project. Was the case you described a special-cause or common-cause? Do you feel the solution or approach used appropriate for case.
Current project and keeping a talented team happy : Project estimations vary from each project the key is adjusting to the level of your current project and keeping a talented team happy and together.

Reviews

Write a Review

Project Management Questions & Answers

  Describe the setting and access to potential subjects

Describe the setting and access to potential subjects. If there is a need for a consent or approval form, then one must be created.

  Develop a matrix for assessing an aspect of the project

Develop a Matrix for assessing an aspect of the project. Prepare a 2-3 paragraph description of the benefits of this matrix.

  Agile development methods in practice

What have we learned about Agile development methods in practice? Write this assignment in 2-3 pages.

  Develop planning for organizational performance

DEVELOP planning for organizational performance.- a discussion on strategic, operational, and business unit plans and how they relate to planning for an organization.

  Determine what and what not to delegate

What is the first and most important question you ask to determine what and what not to delegate? - Explain why each of the four steps of delegating is necessary.

  Describe a risk management process

You are the project manager for a high dollar project for the public sector.

  Lost output resulting from scheduled maintenance

How could production make up for lost output resulting from scheduled maintenance?

  Name five priority sequencing rules

Name five priority sequencing rules. Explain how each works to assign jobs ? - What are the advantages and disadvantages of the shortest processing time (SPT) rule?

  Ethical dilemma that a project team member might face

Discuss how the project manager could aid in avoiding or resolving such a dilemma. Discuss where this dilemma falls within PMI codes.

  Construct a pcm for the criterion cost

John considers a cost difference of S100 or more to be of strong importance, and a difference of S50 to be of moderate importance. Construct a PCM for the criterion cost.

  Find how much would the value of the company change

Show the Change in value of the company if it accepts the replacement project - Find how much would the value of the company change if it accepts the replacement project?

  Apply scope change management processes

Create a Project Charter, Requirements Document & Work Break Down Structure and apply scope change management processes

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd