A Q&A Help
I need help understanding this question below:
A team member from R&D tells you that her work is too creative and to provide you with a fixed single estimate for the activity. You both decide to use the average labor hours per installation from past project to predict the future. This is an example of which of the following?
A) Parametric estimate
C) Analogous estimating
Ritas answer is "A" based on “average labour hours per installation”. BUT I believed its “C” based on “from past project to predict the future”
Can someone give a little more explination.... Are Both Parametric & Analogous based on historical records/data?
Thank you for your time.


sampathnatarajan
Mon, 04/18/2011 - 14:49
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Analogous Estimating involves
Analogous Estimating involves getting ExpertJudgement+Historical references. Whereas, Parametric Estimate is only Historical references.
Somebody tell me if i am wrong.
aaron
Mon, 04/25/2011 - 14:20
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Analogous estimating is a
Analogous estimating is a Top-down approach, based on historical references and needs expert judgement.
A is the right answer here.