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Assignment Questions
1. Estimates approaches in Project Management
a. Explain and compare Top-Down versus Bottom-Up Estimating
b. Analyze a case study or real-life example where estimation techniques were employed, and evaluate their effectiveness in predicting project outcomes.
2. Different techniques
a. Explain apportion method for the Top-Down approach.
b. Explain the range estimating technique for Bottom-Up Estimating.
3. Continuous Improvement in Estimation Accuracy
a. Explain the concept of continuous improvement in project estimation accuracy.
b. Discuss the role of feedback loops, lessons learned, and historical data analysis in enhancing future estimation accuracy.
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