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Discuss the two main Estimate Techniques: -What are they? Explain -Why do we need each? -When do we use each? 1-Consensus Methods (Expert Judgment) 2.Analogous

Discuss the two main Estimate Techniques: -What are they? Explain -Why do we need each? -When do we use each?

1-Consensus Methods (Expert Judgment)

2.Analogous Estimating

3-Ratio Methods (Parametric Estimating)

4. Apportion Methods

5- Three-Points Estimating

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