LEARNING OUTCOMES
When you have completed this chapter you should be able to demonstrate an understanding of the following:
the effects of over- and under-estimating;
effort versus duration;
the relationship between effort and cost;
estimates and targets;
use of expert judgement, including advantages and disadvantages;
the Delphi approach;
top-down estimating
bottom-up estimating;
the use of analogy in estimating.
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