Explain how planning horizon and padding estimates

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Reference no: EM133306868

Assignment:

1. The National Aeronautics and Space Administration (NASA) is an independent agency of ABC country responsible for the civilian space program, as well as acronautics and space rescarch. NASA is led by the Oftice of the Director, with support from human resources, finance, legal, safety and other departments. Jared has been appointed the leader and project manager for Moon4, the world's first all-civilian space mission to the Moon. While the project team has not been formed, Jared will likely need expertise from the enginecring, propulsion, payload, and mission support teams as well as other support teams to make this project a success.

2. Estimating is the process of forecasting or approximating the time and cost of completing project deliverables. Jared has decided to use Range Estimating to estimate project times and costs.

3.Explain how Planning Horizon and Padding Estimates can influence the quality of estimates using Project Moon4 as an illustration

4. Discuss why Jared has chosen to use the Range Estimating method

Reference no: EM133306868

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