Term
| What are the inputs to the 4th process in Project Schedule Management? |
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Definition
1. PMP - Schedule MP, Scope Baseline
2. Project Documents
3. EEFs
4. OPAs |
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Term
| What are the Tools and Techniques of the 4th process in Project Schedule Management? |
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Definition
1. Expertise
2. Analogous Estimating
3. Parametric Estimating
4. Three-point estimating
5. Bottom-up estimating
6. Data Analysis
7. Decision Making
8. Meetings |
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Term
| What are the outputs of the 4th process in Project Schedule Management? |
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Definition
1. Duration Estimates
2. Basis of Estimates
3. Project Documents Updates |
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Term
| Explain the difference between the different quantitative analysis methods for determining the schedule in the 4th process of Project Schedule Management |
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Definition
Analogous estimating uses historical data from similar projects to create an estimated schedule. No calculations
Parametric estimating uses common sense. If it takes 1 hour to complete 50 lines of code, it would take 4 hours to complete 200 lines of code
Three-point estimating uses the most likely, pessimistic, and optimistic estimates average.
Bottom-up estimating decomposes WBS activities |
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