Three point estimation: It is created by using previous experience. It is also called program evaluation and review technique. It increased accuracy over one point system. It is also called three set assumption. The first set is optimistic estimate, second set is pessimistic estimate and third set is in between two.

b) Triangular Estimation: It is like average of the three estimates. It includes time and that would be considering the complexities such as three estimate times would be equal.

c) Analog Estimation: It is one of the most common techniques of estimating. This process takes past experience and implements in the current project.

II. It is highly impossible for the project manager to decide which estimate is better among three. For different level of projects we should use different techniques. It is decided based on the size, resources, cost and risk of the project. By seeing the pros and cons of the project we will decide the type of estimate we need to consider. If the project manager commits small mistake in making decision, this may impact his carrier in the organization. The project manager should select a good estimating technique among three estimations.

III. If I am the project manager, I will decide any one model based on the need and size, available resources, and cost. Based on my prior experience I will determine the project. Client should trust project managers in the way handling business and taking decisions.

 

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Final paper instructions has been posted on the main page of our course on CCLE. It is my suggestion that you choose to expand one of your previousresponse paper. By “expand,” i don’t mean write another couple pages to add to it. Since this is a longer analytical paper to show your more in-depth understanding of a literary work, you will need to revise, refine your central argument, and reorganize and add new selected paragraphs for close reading, to make your argument. “Expand” also does not mean adding plot summary, background intro of the author or the work that is not serving to make your argument. This is a place to deepen your argument and organize your analysis accordingly, in more of a research paper manner.

 

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