The Estimating Activity Durations Process

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The Estimating Activity Durations Process:


Once the resource estimates have been calculated, the next task is to calculate the amount of time required to complete scheduled activities. Determining the activity span assumes resources are readily available for that work package.

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Analogous Estimation: Using analogous estimation, the precise time spent in a similar activity is noted. The similar activity could be of the same project or a different project.

Parametric Estimation: Using parametric estimation, the amount of work to be done is multiplied by the rate of productivity. This method is most effective for activities that have been standardized and are repetitive in function.

Three Point Estimates: This method uses three estimate values per activity…



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