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Analogous estimating when applied to a duration is:

a Based on expert judgement and is consequently more accurate than

standard critical path estimating.

b Used when there is a limited amount of detailed information available.

c A calculation based on a three-point estimate using a modified BETA

distribution.

d The same as ‘bottom up’ estimating.

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The best answer is B

 i Analogous estimating uses the duration from a similar completed

activity or project as the basis for the current estimate. This is a ‘top

down’ estimating technique used when there is little detailed

information available.

 ii The critical path method is a precise set of calculations applied to the

schedule (including the estimated durations). It is not an estimating

process.

 iii The PERT technique uses three-point estimates and a modified BETA

distribution to assess the probability of completing the project in a

given timeframe.

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