Project Management Chapter 1: Estimation and Timeliness
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Questions and Answers

What is the average overrun in weeks that Schlumberger was able to reduce to?

  • 30 weeks
  • 25 weeks
  • 20 weeks
  • 35 weeks (correct)

    • What percentage of projects does one of the author's client companies deliver on time and within budget?

  • 97% (correct)
  • 98%
  • 99%
  • 95%

    • What is the concept missing from Jones's and Conte, Dunsmore, and Shen's definitions of estimation?

  • Schedule estimation
  • Probability distributions
  • Estimation techniques
  • Effective project control (correct)

    • What is the principle that is applied to software estimation, according to the author?

    <p>Heisenberg's Uncertainty Principle</p> Signup and view all the answers

    What is the result of Telcordia's project delivery, according to Pitterman (2000)?

    <p>98% of projects on time and within budget</p> Signup and view all the answers

    What is the common misconception about software estimation, according to the author?

    <p>It is a purely predictive activity</p> Signup and view all the answers

    What is the significance of the word 'estimate' being in quotation marks in the context of project delivery?

    <p>It indicates that the project that was estimated is not the same project that was ultimately delivered</p> Signup and view all the answers

    What is the primary reason for focusing on the art of estimation rather than the science in project management?

    <p>Project assumptions can change significantly over time</p> Signup and view all the answers

    What is the definition of a good estimate in project management?

    <p>An estimate that provides a clear view of the project reality to make good decisions</p> Signup and view all the answers

    What is the criteria for evaluating estimation models discussed in Conte, Dunsmore, and Shen's book?

    <p>Within 25% of actual 75% of the time</p> Signup and view all the answers

    What is the consequence of having project results close to the original estimates when project assumptions change significantly?

    <p>The accuracy of the estimates is irrelevant</p> Signup and view all the answers

    What is the purpose of estimation in project management?

    <p>To provide a clear view of the project reality to make good decisions</p> Signup and view all the answers

    What is a major challenge in evaluating the accuracy of project estimates?

    <p>The project's scope and assumptions change during its execution</p> Signup and view all the answers

    What is the primary criterion for a 'good' estimate in software project management?

    <p>Its ability to support project success</p> Signup and view all the answers

    Why is it difficult to make a clean analytical assessment of a project's estimation accuracy?

    <p>The project's deliverable is not the same as the one originally estimated</p> Signup and view all the answers

    What is the implication of the 'analytical impurities' in project estimation?

    <p>Estimation is an imperfect process</p> Signup and view all the answers

    What is the purpose of estimation in software project management?

    <p>To support project success</p> Signup and view all the answers

    What is the implication of the project's scope and assumptions changing during its execution?

    <p>The project's estimation is uncertain and prone to change</p> Signup and view all the answers

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