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What is Project Estimation Techniques Guide about?

Estimation is an essential part of project management used to justify projects, secure resources, and ensure support impacts are understood. This document describes techniques like three point estimation and base and contingency estimation to produce reliable estimates. Three point estimation involves estimating best, most likely, and worst case scenarios to calculate an expected value and standard deviation. Base and contingency separation estimates a minimum base estimate and adds contingency based on ris

Author

Sunil Giri

Language

EN