Which one of the following estimate types is a form of expert judgment?
An analogous estimate is a form of expert judgment because it relies on historical information. The historical information, assuming that it is accurate, serves as the conduit to the expert that created the historical information. Answer option C is incorrect. A bottom-up estimate creates an activity duration estimate for each work package in the WBS. Answer option A is incorrect. Parametric estimating uses a parameter, such as 10 hours per fixture installation, as a base to predict the duration of the project. Answer option D is incorrect. A definitive estimate, also known as a bottom- up estimate, accounts for the cost of each work package.
Michael
9 months agoLouisa
9 months agoMirta
9 months agoJacqueline
9 months agoZana
9 months agoMoon
10 months agoAnna
10 months agoAja
10 months agoDesirae
10 months agoCecily
10 months agoEden
10 months agoJackie
10 months agoLouvenia
10 months ago