Which set of tools and techniques is useful for estimating activity durations for the project schedule?

The correct answer is D. Parametric estimation, three-point estimation, meetings. Estimating activity durations uses techniques such as parametric estimation (using historical data and statistical relationships), three-point estimation (using optimistic, most likely, and pessimistic estimates - PERT), and meetings (to gather expert input). Option A is…

Predictive, Plan-Based Methodologies

Question

Which set of tools and techniques is useful for estimating activity durations for the project schedule?

Options

ABrainstorming, Monte Carlo simulation, analogous estimation
BThree-point estimation, resources leveling, iterative burndown chart
CMilestone charts, parametric estimation, schedule baseline
DParametric estimation, three-point estimation, meetings

How the community answered

(32 responses)

A
3% (1)
B
3% (1)
C
6% (2)
D
88% (28)

Explanation

Estimating activity durations uses techniques such as parametric estimation (using historical data and statistical relationships), three-point estimation (using optimistic, most likely, and pessimistic estimates - PERT), and meetings (to gather expert input). Option A is incorrect because Monte Carlo simulation is a risk analysis tool, not a primary duration estimation technique. Option B includes resource leveling, which is a schedule optimization technique, not estimation. Option C includes milestone charts and schedule baseline, which are outputs/monitoring tools, not estimation techniques.

Topics

#Activity Duration Estimation#Schedule Management#Estimation Techniques#Predictive Planning

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