Read the case study “The Estimating Problem”

Read the case study “The Estimating Problem”

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

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APA Format and provide References

20190222014512project_management_text_book

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            Problem Estimation

    Introduction

               A research by Harold kerzner, Ph.D. (2013) postulates that various companies use various estimation techniques in the management of their projects. An organization may prefer, one of the strategies than others among the techniques that are commonly used is the order of magnitude, analogous, three-point estimation, parametric along with the bottom app strategy. In this case, we shall identify the methods used by the company which Barbara is one of the project managers.

               Barbara’s company recognizes two types of estimating techniques, which includes analogy and three-point estimation methods.

(661 words)