Schedule (Activity Duration or Activity Resource) and Cost estimating are two lynch pins for business analysis and project management. The most common estimating techniques are: analogous, bottom-up, parametric and three-point – PERT.
http://www.pmhub.net/wp/2011/02/a-simple-matter-of-estimates-analogous-to-pert/
http://www.pmhub.net/wp/2011/02/a-simple-matter-of-estimates-analogous-to-pert/
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