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Andy is the project manager of the NHGQ project for his organization. He has elected to use a three-point estimate for his project. His project team, however, is complaining about participating in this estimate type because of the time it takes to predict the duration of activities. Andy, as the project manager, tells the project team that they must create the time estimate, as it will help this project and future similar projects. What is a three-point estimate?
You are the project manager for the NQQ Project for your organization. You and the project team are creating the activity list for the NQQ Project. You have instructed the project team members that they should include an activity identifier and a scope of work description for each activity in the activity list. Why is this information needed?
You are the project manager of the QAQ Project. The QAQ Project has a BAC of $2,786,121. You are currently 20 percent complete with this project, though you should be 25 percent complete with the project work. The project has consumed $595,000 of the project budget to date. Management has asked you, based on the current project performance, what the project's estimate to complete will be considering the current project schedule variance. What is the ETC for this project?
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