Difference between revisions of "Bottom-Up Estimating"

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(Created page with "Bottom-Up Estimating is a method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS). S...")
 
 
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==Definition==
 
==Definition==
According to [[Macroeconomics by Mankiw (7th edition)]],
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According to the [[PMI Lexicon of Project Management Terms]],
 
:[[Bottom-Up Estimating]]. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS). See also analogous estimating, parametric estimating, program evaluation and review technique (PERT), and three-point estimating.
 
:[[Bottom-Up Estimating]]. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS). See also analogous estimating, parametric estimating, program evaluation and review technique (PERT), and three-point estimating.
  
[[Category: Economics]][[Category: Articles]]
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[[Category: Project Management]][[Category: Articles]]

Latest revision as of 18:11, 3 July 2020

Bottom-Up Estimating is a method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS). See also analogous estimating, parametric estimating, program evaluation and review technique (PERT), and three-point estimating.

Definition

According to the PMI Lexicon of Project Management Terms,

Bottom-Up Estimating. A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS). See also analogous estimating, parametric estimating, program evaluation and review technique (PERT), and three-point estimating.