Description
Prior to beginning work on this discussion forum, read Chapter 5: Estimating Project Times and Costs from your course textbook and Chapter 5.4: Create WBS and Chapter 6.4.2.5: Bottom-Up Estimating from the book, PMBOK Guide.
In your initial discussion post, address these questions:
- What are the differences between bottom-up and top-down estimating approaches?
- Under what conditions would you prefer one over the other?
- Which strategy are you using in your project? Explain the reasoning behind your choice.