Which of the following describes the consensus method?
A)Should be used only for projects that require the same task, group of tasks, or product to be repeated several times
B)Uses several people with relevant experience regarding the task at hand to make time and cost estimates
C)Uses pooled experience of senior and/or middle managers to estimate the total project duration and cost
D)Uses the number of square feet to estimate the total cost and time of the project
E)Uses weighted macro variables or major parameters such as the number of inputs or outputs to estimate the total cost and time of the project

Question

Quizplus · Accepted Answer

The consensus method simply uses the pooled experience of senior and/or middle managers to estimate the total project duration and cost.This typically involves a meeting where experts discuss, argue, and ultimately reach a decision as to their best guess or estimate.

Which of the Following Describes the Consensus Method