Parametric Estimation
As the name suggests, parametric estimates are based on parameters. It is all about using a relationship between these parameters or variables (a unit cost/duration and the number of units) …
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Analogous Estimation
The word analogous comes from ‘Analogy’. Analogous Estimation is basically an estimation technique that can be used for calculating several project parameters especially duration and cost in project management. The …
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What is a ‘Resource’ in Project Management?
One of the quotes that introduces this topic like no other is by Tony Robbins, “It’s not the lack of resources, it’s your lack of resourcefulness that stops you.” Resource …
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How is the Expert Judgment Technique used in the Define Activities process?
Expert Judgment is one of the Tools and Techniques that is common across the board in many processes. We have earlier discussed Expert Judgment in detail and in this video …
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