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What is the estimating method that uses data from a similar project as the basis for the estimate?
Suggested Answer: C
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33 comments · newest first
JO
Johnetta
10 months ago
Analogous estimating uses past project data for estimates.
DE
Delsie
11 months ago
Wait, are we sure it's not D? Sounds too similar.
AS
Ashley
11 months ago
Totally agree, C is the right choice!
HE
Hermila
11 months ago
I thought it was A, but C makes more sense.
ER
Ernest
11 months ago
It's definitely C, analogous estimating!
WI
Willodean
12 months ago
I’m torn between C and D. I remember analytical estimating but can’t quite recall how it relates to similar projects.
AL
Alline
12 months ago
I recall practicing a question like this, and I think it was also about using similar projects. So, C seems right to me.
LE
Levi
12 months ago
I'm not entirely sure, but I feel like evaluative estimating sounds familiar too. Did we cover that in class?
DA
Darnell
1 year ago
I think the answer might be C, analogous estimating? I remember it being about using past projects for estimates.
ME
Melissa
1 year ago
I'm a little confused by the options here. Evaluative estimating, risk-based estimating, and analytical estimating all sound like they could be relevant. I'll have to review my notes to make sure I understand the differences between these methods.
PE
Pearly
1 year ago
Analogous estimating sounds right to me. It makes sense to use data from a similar project as a starting point for the estimate. I feel confident about this one.
AR
Aron
1 year ago
Hmm, I'm a bit unsure about this one. I know there are different estimating methods, but I can't quite remember the details of each one. I'll have to think this through carefully.
BE
Bev
1 year ago
I'm pretty sure this is Analogous estimating, where you use data from a similar project as the basis for the estimate.
JO
Johnna
1 year ago
Option C all the way! Although I might have chosen 'Risk-based estimating' if I was feeling a bit wild today.
ON
Onita
1 year ago
Analogous estimating is definitely the way to go for me too.
TR
Trinidad
1 year ago
Analogous estimating is definitely the way to go for me too.
TA
Tamie
1 year ago
I think Risk-based estimating can be useful in certain situations.
RE
Rene
1 year ago
I prefer Risk-based estimating for more accurate estimates.
CE
Celestina
1 year ago
I agree, Analogous estimating is a reliable method.
MU
Murray
1 year ago
I agree, Analogous estimating is a reliable method.
ED
Edwin
1 year ago
Analogous estimating, for sure. It's the only one that mentions using data from a similar project.
ER
Erasmo
1 year ago
I was just about to choose option C as well. Analogous estimating makes the most sense for this scenario.
LA
Lawrence
1 year ago
Analogous estimating can provide a good starting point for project estimates.
EL
Eladia
1 year ago
It's a practical approach to use data from past projects for estimation.
GA
Garry
1 year ago
Analogous estimating is a reliable method based on similar projects.
AL
Alishia
1 year ago
I agree, option C, Analogous estimating, is the best choice for this situation.
YV
Yvonne
1 year ago
I'm not sure, but I think it's between A) Evaluative estimating and C) Analogous estimating.
RO
Rosamond
1 year ago
Analogous estimating, got it! This question seems straightforward enough.
SH
Shaun
1 year ago
Yes, it involves using data from a similar project for the estimate.
VE
Verdell
1 year ago
Analogous estimating is a useful method.
RE
Reita
1 year ago
Hmm, I think option C is the answer here. Analogous estimating sounds like the one that uses data from a similar project.
VI
Vi
1 year ago
I agree with Kirk, because it makes sense to use data from a similar project for the estimate.
KI
Kirk
2 years ago
I think the answer is C) Analogous estimating.