Estimating Activity Durations
Techniques for calculating the time required to complete activities.
This topic explores methods for estimating how long each project activity will take, including expert judgment, analogous estimating, parametric estimating, and three-point estimating. It emphasizes the importance of accurate duration estimates for reliable scheduling.
5 minutes
5 Questions
Concepts covered: Learning Curve Analysis, Analogous Estimating, Parametric Estimating, Three-Point Estimating, Bottom-Up Estimating, Expert Judgment, Reserve Analysis, Alternative Analysis, Monte Carlo Simulation
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