When the best time you must used analogous estimating?

Time to used analogous estimating

Time to used analogous estimating You can use various estimating approaches to determine activity durations. When you have a limited amount of information available about your project, especially when in the early phases, the best approach to use is—   a. Bottom-up estimating  b. Analogous estimating  c. Reserve analysis  d. Parametric analysis  Answer: b. Analogous estimating  Analogous estimating Although limitations exist with all estimating approach, analogous estimating is often used when there is a limited amount of information for the project. It uses historical information and expert judgment. [Planning]

You can use various estimating approaches to determine activity durations. When you have a limited amount of information available about your project, especially when in the early phases, the best approach to use is— 

a. Bottom-up estimating 
b. Analogous estimating 
c. Reserve analysis 
d. Parametric analysis

Answer: b. Analogous estimating 

Analogous estimating

Although limitations exist with all estimating approach, analogous estimating is often used when there is a limited amount of information for the project. It uses historical information and expert judgment. [Planning]