Selection and employment of the correct estimation method is:
A) Easy once the data is gathered.
B) Relatively easy because only two effective methods exist.
C) Dependent on the accuracy/cost tradeoff for the estimation objectives.
D) Primarily subjective in nature.
E) Difficult because so many effective methods are available.

Question

Quizplus · Accepted Answer

The selection and employment of the correct estimation method depend on the accuracy/cost tradeoff for the estimation objectives. Choosing the right method involves evaluating the available methods based on their accuracy, complexity, and cost. It is a crucial decision that can affect the success of the project or task. Therefore, the selection process should be based on careful consideration of the objectives, available resources, and constraints.

Selection and Employment of the Correct Estimation Method Is