Discussion 4.docx - 1 How many different estimating...

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1. How many different estimating techniques are discussed in the case study? A. Three different estimating techniques discussed in the case study. Three-point estimating technique: This is normal and triangular distribution. It is a method of evolution and review. Most of the organizations use this estimation techniques for making approximate probability distribution. Analogy estimating: This technique with similar way used for estimating process. This helps the project manager to compare the past project in and around the organization to the present project. Triangular distribution: This is another continuous probability distribution which does in the form of a triangle. 2. If each estimate is different, how does a project manager decide that one estimate is better than another? A. The project manager is the one who will be responsible for the completion of the project, thought he has no much control on resources he should monitor everything in the project.
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