When the project manager first begins to estimate the duration of the project she should always look for historical information. If a project of this type has been completed before historical information will be the best input to the project duration estimating process. This approach is also known as analogous estimating – where the project manager is creating an analogy between the two projects. When using an analogous estimate the projects don't, and often won't, be identical. It's an estimate based on projects that have completed in the past. --
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