When is the project manager using analogous estimating?

Name: When is the project manager using analogous estimating?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Project managers can use similar projects or activities to help them with giving time estimates on another project plan. If there is no other information to go on, this activity is an effective estimation methodology.
Key Takeaway: Look close enough and you're likely to find tasks within your organization that were similar to ones on the project you are trying to estimate with.

When Is the Project Manager Using Analogous Estimating