Difference between Analogous and Parametric Estimating
Hi - Can anyone offer me a distinct difference between Analogous and Parametric Estimating? I am using Rita's PMP Exam Prep 6th Ed but this does not seem to give me a clear difference/definition between them both.
Both use historical data as input to assume activity/project times. The only real difference I can pick up is that Parametric may be more detailed.
Thanks in advance.