ASIP-PM2-16 Estimating Approaches Scenario
In every project, you will need to estimate how much time each activity will take to complete to get a sense of how long a project will require as a whole. The more accurately you can do this, the more quickly you can identify potential risks in your project and act appropriately.
Here are a few ways that you can estimate task completion times: Three-Point Estimating, Top-Down Estimating, Parametric (Bottom-Up) Estimating, and Analogous Estimating (Expert Opinion). Let's explore each of these approaches.
Instruction: Read the question and click on your answer. Then click the "Check" box.
Attribution: This activity is used in the Arts & Science Internship Program's open educational resource, "Ideation and Planning Skills for Employment Success", available through eCampusOntario's Open Library in Spring 2023.
This project is made possible with funding by the Government of Ontario and through eCampusOntario’s support of the Virtual Learning Strategy. To learn more about the Virtual Learning Strategy visit: https://vls.ecampusontario.ca.