A large beverage company wants to implement an ERP Solution to its $19$ Operating Countries. In the first phase, it is keen to deploy this solution to North American Supply Chain, Finance and Operations under a program called 'Umbrella'. There are $3$ projects: Canada US and Mexico Roll$-$ins. Key benefits are reduction in operating cost, inventory, and people cost by $27\%$ yielding a $$1\mathrm{.}5$ Million recurring benefits before tax from Year$-1.$ Investments for a full$-$fledged implementation are $10$ Million USD with $5$ Million in Yr$-1,3$ Million Yr$-2,$ and $2$ Million Yr$-3.$ Company uses Straight line method of depreciation @ $20\%$ year on year and evaluates the investment over $5$ year time horizon. Applicable tax rate is $30\%.$ The estimate of $$10$ Million was arrived by the Program Manager on the basis of the similar program that he handled in the European operations of the Company. This is an example of:

SELECT THE CORRECT ANSWER

Benchmarking

Analogous Estimate

Conflict of Interest Analogous Estimate

Subject Matter Expertise