Factors are considered for estimation example
The agile project team in the Tech corporation company is working on project estimates. Alex is the project manager of the project. Alex also working with the project team to determine the project estimates and budget. During the estimation process, the project team identified alternatives and considered the options below. Which is the best option?
A. Buy vs lease, Make vs buy.
B. Resource sharing.
C. Cost trade-offs.
D. All of the above.
Answer: Option D is correct. During estimation the project team identifies alternatives and selects from the available options.
The below factors are considered for estimation.
- Buy vs lease.
- Make vs buy.
- Resource sharing.
- Cost trade-offs. Risks.