Question
Explain the following project cost management estimation methods, techniques and tools. For each estimation method, technique and toll, describe its cost-effectiveness and its accuracy. Analogous
Explain the following project cost management estimation methods, techniques and tools. For each estimation method, technique and toll, describe its cost-effectiveness and its accuracy.
- Analogous estimating
- Top-down estimating
- Parametric modelling
- Bottom-up estimating
- Three-point estimation
- Expert judgement
- The delphi method
- Brainstorming
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MGMT Principles Of Management
Authors: Chuck Williams, Terri Champion, Ike Hall
3rd Canadian Edition
017682328X, 9780176823283
