Project Management Concept #4: Analogous Estimating v Parametric Estimating

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This Video is a component of our Learning Concepts Series: 4. Analogous Estimating versus Parametric Estimating narrated by Belinda Fremouw.
Belinda was the first woman in the world to achieve the original five PMI Credentials. Her experience spans multiple decades, crosses several industries, and includes domestic and international project experience. Belinda is a well-known public speaker and author.
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[@NoOne-qd2yp]

Wow! You explain well. If a person can explain it simply, that means they are a genius.

[@ronparkervideos]

I really appreciate all your videos. I've watched numerous different videos from many different experts here on KZbin. You make things very clear. Much appreciated!

[@dauletakhmetov7544]

Belinda, thank you for clear explanations with real-world use examples

[@jamessaffo6094]

Great video with excellent information! The time frame is perfect and I walked away more knowledgeable about the two estimating types.

[@kevincallaway4043]

Getting ready for the test and you rocked! Great information!

[@stephanazor8898]

Thank you. This helps me understand how activity estimations are quantified using these two techniques.

[@MrBRIJ033]

Good Explanation......Clear the concept

[@tamb4651]

This great I am going to subscribe to keep getting definitions broke down, thank you so much!

[@ArthurDayneFirstOfHisName]

Very good and understandable comparisons

[@WilliamGraves1]

Exactly the comparison I needed. Thanks!

[@DanFrantz-qo5in]

Wonderful straight forward and practical explanation. Thank you so much.

[@tinabendikas4076]

Your videos are so helpful! Thank you!!

[@kickazzon3]

Great explanation of Analogous and Parametric estimation. Explaining the root words really help. Thanks for keeping it basic and simple. :)

[@1622roma]

Hi. Thank you so much for taking the time to a detailed explanation of these two terminologies. Is there any chance you might make a video with real examples?

[@stevenmuvunyi7142]

Thank you, very clear and concise

[@getupmotivation8404]

Absolutely clear

[@andrewp.ellison17]

Hi Belinda, I found this information very easy to interpret and understand, thank you for sharing :-)

[@kiragabosco1210]

Thank you so much for this. May u explain the reserve analysis please

[@moeelhefnawy6694]

Helpful, thanks.

[@MatBunny]

Love it... thanks!

[@tmahony34]

Great video, really helping.

[@adityaranjan3638]

Thanks for this, found it simple and easy to understand

[@andrewp.ellison17]

Hi Belinda, I had a miserable first attempt at the PMP exam, Im viewing as many of your posts as I can because I find them easier to understand and comprehend than other posts, Im determined as ever to pass the exam on my next sitting I really appreciate the information posted, thanks again for sharing.

[@VanessaKlinger]

I'm actually giving myself 18 months to prepare.. Projected sit date Q4-2017..

[@andrewp.ellison17]

Vanessa Klinger wow 18 months thats quite some time, what are your strategies for study?

[@VanessaKlinger]

Its not formal as of yet. i'm easing my way into it.. My intention is to delve deeper 6 months before. I'm also a Project Management student so right now I'm acquiring the necessary books and familiarizing myself with content, etc. I also have a copy of PMBOK but will not even begin reading that until Jan'2017,,

[@wasilstanekza]

are you done with your PMP? suggestions?

[@rlhillier]

Thanks, good explanation.

[@khanunboxing705]

that is awesome and very easy to understand

[@VanessaKlinger]

So is cost estimating a two step process involving analogous(if applicable) and parametric?

[@yalamakur]

thanks for the details Melinda :)

[@ManuelaPeralta1991]

Great video.

[@abdulvahid5080]

good explanation

[@MalikTaimur]

Great explanation :-)

[@Tube82ful]

tq

[@marwanissa4243]

Hi Belinda, you are amazing , straight to the point with great examples, appreciated, things are much clearer.

[@oliversekimonyo8168]

Will all know the definitions, please show a mathematical example for better understanding.... Good job on the definition

[@MrManobenny]

You explained the differences really well, Belinda. Thank you!

[@SanjeevSingh-wd1ml]

hi Belinda , it was most concise explanation . u r cool.

[@nowoodman]

two attractive eyes have listen

[@bishalsingh6163]

grt explanation...