I know many of you must be aspiring to become successful project managers in your career which can be the stepping stone to become good leaders. How you can achieve this? Yes, by implementation which is critical. And to distinguish from others you need to have some kind of credentials which can be obtained through certifications like PMP, ITIL. To know more about or to get prepared for the same, you can always approach me @ bksprasad@yahoo.com or subramanya.bks@gmail.com
Tuesday, November 3, 2015
Analogous Estimating
Analogous Estimating technique is used for estimating duration, cost based on the previous similar projects data which is historical data. The word analogy means history. Even though this technique is less accurate, it is less time consuming and less costly.
Analogous Estimating technique is used under processes Estimate Activity Duration, Estimate Costs processes.
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