The matter of estimates: analogous, bottom up, parametric and three point-PERT
Schedule (Activity Duration or Activity Resource) and Cost estimating are two lynch pins for business analysis and project management. The most common estimate techniques are: analogous, bottom-up, parametric and three-point – PERT. For those pursuing a CBAP® or PMP® how to use them and whether those are mutually exclusive can become a bit confusing. The… [Read more…]
January 10, 2011 by David Kohrell
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