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The determinates of the estimating method used are information available, estimator workload, time available and purpose for the estimate True False

Question

The determinates of the estimating method used are information available, estimator workload, time available and purpose for the estimate

True False

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Solution

The statement is True.

When employing estimating methods, the determinants such as information available, estimator workload, time available, and the purpose of the estimate are indeed critical factors.

  1. Information Available: The quality and quantity of data accessible will directly influence the accuracy and reliability of the estimate. More comprehensive data can lead to better-informed estimates.

  2. Estimator Workload: The amount of tasks and responsibilities an estimator has impacts their ability to perform thorough analyses, which can, in turn, affect the quality of the estimate produced.

  3. Time Available: The amount of time allowed for conducting the estimation can limit the depth and thoroughness of the work. Insufficient time may lead to rushed or poorly considered estimates.

  4. Purpose for the Estimate: Different purposes require different levels of detail and types of estimations. This might include factors such as urgency, intended use, and audience which can significantly shape the estimation process.

Overall, these determinants play a fundamental role in shaping how estimations are approached and executed.

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