Question

A team member from research and development tells you that you her work is too creative to provide you with a fixed single estimate for the activity. You both decide to use the average labour hours to develop a prototype(from past projects). This is an example of which of the following ?

Answer 1

Answer:

Parametric estimating

Explanation:

Assessment of Monte Carlo is a method of modeling or simulation. The estimation of three points uses three estimates per activity.

The calculation could be used with data from previous projects (analogous estimation), however the best answer is parametric estimation because past history is used to calculate an estimate.