If an organization or subcontractor has performed similar projects in the past and has kept records of how long specific activities actually took, these historical data
A) can be used as a guide in estimating the durations of similar activities for future projects.
B) have no value for the current project.
C) should be stored in files.
D) should be shared with the customer after the contract is signed to show that the contractor can complete the project.

Question

Quizplus · Accepted Answer

Historical data of similar projects can be used as a guide to estimate the duration of similar activities in future projects. These data can help in making more accurate estimates and in planning and scheduling the project activities effectively. It is important to maintain and update these records for future reference.

If an Organization or Subcontractor Has Performed Similar Projects in the Past