Need help with your Discussion

Get a timely done, PLAGIARISM-FREE paper
from our highly-qualified writers!

glass
pen
clip
papers
heaphones

Campbellsville University Estimating Problem Case Study Discussion

Campbellsville University Estimating Problem Case Study Discussion

Campbellsville University Estimating Problem Case Study Discussion

Read the case study “The Estimating Problem” on page 734 and then answer the questions on page 735.

The primary post should be at least 300 words in length. Your second postings can comment to his or her original post. Secondary posts must be at least 150 words in length

Qiong Yu

  1. How many different estimating techniques were discussed in this case?

There are two estimates:

  1. Three-point estimate: it is a tool that organization often use to help increase the accuracy of the cost and time estimates. There are 3 parts included: optimistic estimate, pessimistic estimate and the most likely estimate.
  2. Triangular Distribution: it is the most common technique which is often used in the project activities that uses the experiences from last project to implement in the current project (1).

2. If each estimate is different, how does a project manager decide that one estimate is better than another?

In order to make the best estimate which is most close to the situation, the experiences of the manager is needed. The project manager needs to consider the size of the project, the available resources which can be used in this project, the amount of work effort which is necessary, and the complexity of the project. The project can use the analogy estimate if the manager has the experience of similar project which he can use to estimate the current project (Stepanov, A. 2019). If overall, the project manager doesn’t have any experience, then three-point estimate can be used to make a closest estimate.

3. If you were the project manager, which estimate would you use?

If I am the project manager, I will consider using the analogy estimation and with the help of the three points estimation. In this situation, Barbara’s beyond experience is a great example for the current project. There are advantages for using analogy estimation only because the time taken for making the estimation is considerably less since I have experience. However, it is always good to think the most optimistic as well as pessimistic estimate to know what is the best and worst case. And for me, it’s always better to consider all the possibilities in the beginning rather than being regret later.

References:

  1. 5 Methods of Project Estimation. (2019, May 23). Retrieved from https://www.liquidplanner.com/blog/5-methods-of-pr…
  2. Stepanov, A. (2019, February 14). Project Estimation Techniques for Greater Management. Retrieved from https://blog.ganttpro.com/en/project-estimation-te…

Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter


1. Professional & Expert Writers: Essay Noon only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Essay Noon are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Essay Noon are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Essay Noon, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.

We Can Write It for You! Enjoy 20% OFF on This Order. Use Code SAVE20

Stuck with your Assignment?

Enjoy 20% OFF Today
Use code SAVE20