What are some effective tools for estimation in project management?
There are several effective tools for estimation, including PERT, Monte Carlo simulations, and Agile estimation techniques.
Can you explain how the PERT method works?
Sure! PERT, or Program Evaluation and Review Technique, uses a weighted average of optimistic, pessimistic, and most likely estimates to calculate expected project duration.
What about Agile estimation techniques?
Agile estimation often uses story points and planning poker, allowing teams to estimate effort based on relative complexity rather than time.
Are there any software tools that can help with these estimations?
Yes, tools like Jira, Trello, and Microsoft Project offer features for estimation and tracking project progress.
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