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AU Tools and Techniques in Estimate Activity Durations Discussion

 

five discussion Topics are given.Select three topics to discuss. 

Topic 1: Tools and techniques in Estimate Activity Durations

Explain each of the tools and techniques in Estimate Activity Durations.  Identify a personal or professional scenario/project and apply one of the tools & techniques to it. 

Topic 2: Tools & techniques for Estimate Activity Durations

There are many tools & techniques for Estimate Activity Durations.  Select 5 tools & techniques and define each of them and how they are used on a project.

Topic 3: Monte Carlo Simulation

Explain and define the Monte Carlo Simulation.  In your own words and perspective, would you find the Monte Carlo simulation useful on your project?  

NOTE: There is no right or wrong answer if find the Monte Carlo simulation useful on your project.  Picking your brain to hear your personal thoughts if you agree or disagree.  

Topic 4: Outputs of Estimate Activity Durations

Explain and define Output of Estimate Activity Durations.  Select one output and articulate how you would personally use it on your project.

Topic 5: Estimating techniques

How could you use and apply the Analogous, Parametric or Three-Point estimates in your personal life (i.e. cleaning house, mowing, driving out of town)?

Textbook Required:

Title: A Guide to the Project Management Body of Knowledge: PMBOK (®) Guide 

Author: Project Management Institute 

Publisher: Project Management Institute 

Year Published: 2017 

Edition: 6th 

ISBN: 10: or 13: 9781628251845

Title: Project Manager’s Spotlight on Risk Management 

Author: Kim Heldman 

Publisher: Jossey-Bass 

Year Published: 2017 

Edition: 1st