analogous and parametric estimating
One question from Rita is as follows:
A team member from R&D tells you that her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the labor hours from past projects to predict the future. This is an example of:
A) Parametic estimating
d) monte carlo.
I thought that since this involved a comparison to a past project it was Analogous but the ans says Parametric estimating. reasoning being hours per installation is a characteristics of parametric estimates.....
One question from Google questionbank
A project manager wants to make a trip to California by car. The project manager knows someone who has made this trip before. This person has a similar car to the one that the project manager has, and the person has kept good records on the money spent for fuel on the trip. The distance that the project manager will travel is 10% farther than the other person’s trip. By multiplying the cost of fuel reported by the other person by 1.1, the project manager is performing what kind of estimate?
I tried to solve this along the same lines of the above question and thought the ans would be parametric as this also involves a mathematical formula being applied to it.
But here the ans is Analogous......