Project Management Article Example | Topics and Well Written Essays - 500 words

Project Management - Article ExampleExpert opinion comes as a subsidiary thing. Although it is not advisable to rely solely on the expert opinion, yet it is quite rational to essay expert opinion for approval or slight adjustment of the durations estimated victimization then(prenominal) history. An estimator whitethorn solely rely upon past history to estimate the duration of activities without seeking the expert opinion, but he/she can not solely rely upon expert opinion without checking the past history for the time estimates. In rare cases, when past history is not available for a certain activity, then its time is estimated using mathematical derivation. Mathematical derivation is the empirical and the least reliable order of estimating the time of activities, yet it has to be used in the absence of past history. Again, like a second check is made for the past history by seeking expert opinion, expert opinion should also be taken to condition the time calculated using mathem atical derivation, to make it more reliable. It is better for Joe to make use of AOA method because it is simpler. Also, it gives clear information regarding FF and TF. Joe should see the level of details he requires and choose the method accordingly. Q. 2 Ans. Issues that ponder in favor of crashing the project are that BCC will not have to face the liquidated damages as the project would be finished within time.