Respuesta :
Based on the created WBS (Work Breakdown Structure), this estimate is made.
To arrive at a more comprehensive estimate for the project as a whole, you will need to combine the costs of each lower level of the WBS (Work Package).In nature, this is extremely accurate.
What resources can you use to estimate a project more effectively and efficiently?
For sufficient detail, make use of Drill-Down, Business Requirements Analysis, Work Breakdown Structures, and Gap Analysis tools. Make time for meetings, reporting, communications, testing, and other activities that are essential to the project's success as part of this.
Which method of estimation is the most reliable?
One of the most accurate methods for estimating costs is an analytical estimate, also known as bottom-up estimating. However, it can take a lot of time. The project is broken down into smaller parts using bottom-up estimating, which then produces cost estimates for those variables.
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